(I can’t really help at the moment… I’m pretty sure I’ve seen that myself, but I cannot remember in what circumstances… anyways, it was before Cubase 7.5).
I’ve just tried a mock-up of what you describe (including having bar handles visible etc.), and I don’t get that text here.
EDIT… just seen Steve’s post… was about to say the same thing .
Would it be possible to post the .cpr… see what it looks like here?