I have a month old StudioLive 32.4.2ai mixer. When you press one of the "meter" buttons, it shows the signals in the meters for a split second, then flips back to the EQ FAT channel (?). Sometimes it will randomly switch back and forth between both options, but it will settle on the EQ. The input button stays lit the whole time. Press it, the light turns off and stays on the EQ.
All systems have been updated to the current firmware and updates.
Ignore the audio: