If the free flow is slight but immediate when the reg is pressurised it is probably due to an excessive seating groove in the second stage seat. If the freeflow starts a few to several seconds after the reg is pressurized, it is probably a leaking high pressure seat.
The shelf life for a first stage is basically indefinite as long as the o-rings do not dry out as the mainspring lifts the seat off the orifice. A second stage however tends to age as it sits as in most cases the spring holds the seat against the orifice and some engraving of the seat occurs.
Given that most regs sit in the warehouse for a month or so before shipping and then sit in the shop, several months can pass since they were built and adjusted before being sold and a seating groove will have already begun to develop. In my experience, SP regs tend to need servicing, or at least adjusting, to compensate for the seating groove that develops and if the reg were not readjusted when sold, encountering problems 6-8 months/30-40 dives after the sale is not a real surprise.
That said the reg should have been flow checked and adjusted at the time of sale and at a minimum you can still expect a full year of reliable service. The shop where you bought it should adjust it or service it under warranty at no charge.