I was able to obtain another MAX7219 chip for testing purpose and my problems were solved.
All of the segment light up correctly. The one that was sent was definitely faulty. I contacted the author of the meter and he offed to send me a replacement (when he is back form a conference).
Over all I like this kit it was relatively easy to put together and it has usefulness beyond honing my skills with soldering. If I had to point out any negatives I would say that the components could have been tightened up to make the overall dimensions smaller. This is a minor issue since I don’t really have any size constraints.