Cubase 7 Mix console driving me nuts

Not sure if this is conclusive but this seems to be a problem that happens when you load a project file that was created/saved in an older version (like 5, 6, 6.5). I’ve been working with 7.0.4 since it came out, just working with projects created and saved in C7. But just now I loaded a client’s C5 artist file and the Mix Console is wacky. Resizing the console makes the faders go off the screen, leaving a black, blank area.

Can anyone else confirm this “older version” theory?