I had a long discussion with iZotope support, who essentially stated that the problem resided in the way Presonus implemented VST support. They pointed me at several other DAWs that used their VST plugins and properly synched the track name into their plugins. I agree that Presonus needs to address this bug in an update SOON.
I lose tons of time having to manually type in names to Neutron 3 and Ozone when it would automatically populate in other DAWs. I don't want to switch DAWs.
Come on Presonus, you and iZotope are forward-thinking companies. Make sure you interoperate.
Here is the response I received to my Support ticket. If you are an iZotope user PLEASE enter a support ticket. Only officially reported bugs will get any traction and the more that are reported the higher the priority...
We're sorry you're having this issue, and have reported this to the Studio One development team. Thank you for bringing this to our attention. Feedback from customers like you is a critical asset to the improvement of our hardware and software!
Unfortunately, I am unable to provide a time frame for when this will be resolved. Please keep an eye out for bug fixes in Studio One update release notes.