I had already checked that it is not in Solarized mode. I did the factory reset this morning and so far it seems to be working, but it also worked for a couple hours after the soft reset so time will tell.

I have searched all over and couldn't find anyone else having this problem. My camera just started taking these weird solarized pictures even though it is not in solarized mode. It also takes videos in this manner as well. I have tried restarting it, taking the battery out, switching to other modes...