Edited my previous reply:
My previous reply was about seeing LSWS restarting permanently all the time on all our servers with another control panel that also had cpguard. we had active tickets with liteSpeed and that control panel support, with no luck from any of those vendors. that was at least 1 month ago.
I have re-checked, and it seems we have some servers on that panel with cpguard that restarts, and other servers with cpguard that no longer restarts. Since all of these have cpguard, my case is not valid for this thread, since i would say is not related to cpguard.