"Open in Finder" opens Apple Loops Utility

mine does the same, but instead of the utility it opens the program. any ideas?! it's very annoying

You need to rebuild the launchservices database.

If you are running OS X 10.5 Leopard, this should help.

10.5: Rebuild the launchservices database

Google should show the way to instructions for previous versions of OS X.

Apple Loops Fix

Open Terminal, type in this command, and press return.

/System/Library/Frameworks/CoreServices.framework/Versions/A/Frameworks/LaunchServices.framework/Versions/A/Support/lsregister -kill -r -domain local -domain system -domain user

Once it's finished, type in this command in Terminal to restart the Dock:

killall Dock

I found this on some other site and it worked for me...

THE SOLUTION

The Problem:
Whenever opening a folder in the dock and clicking "Open in Finder" it would open the Preview app, or Xee (which I consider the better Preview)

After trial and error/deleting/restarting/logging in and out/deleting the plist in finder/dock/preview/xee
I only found two articles on the whole internet describing the same issue (I spent a whole hour googling this)
So this is what I have found...

The Solution:

You might need to or if you have ever downloaded the program: Default Apps
The Site: http://www.rubicode.com/Software/RCDefaultApp/

In the program Default Apps under the tab "File Type" and go to "fold" change it to "Finder" it still may pull up iPhoto but just test it, till you get Finder to pull up, and there you go