Brian,
You did find a bug which will be fixed in the next release. In the meantime you can use the below in the Label Field.
<|div style="width:100%;padding-right:5px;" align="right"|>*First Name<|/div|>Remove the | to use.
A fix for this apparently was never released as I am having the same problem and I just purchased the module about 2 months ago. It is very frustrating. Also my input control text editors look nothing like in the demos.