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This error is being displayed on all sites that I have updated the plugin on. This error shows up for the first time a user visits a site and then disappears.
Fatal error: Uncaught Error: Call to undefined function SiteGround_Optimizer\Memcache\wp_generate_password() in /home/customer/www/websiteExample.com/public_html/wp-content/plugins/sg-cachepress/core/Memcache/Memcache.php:150