Display issues

[Maswov]

I recently bought a Panny V20, picture looks great with a couple minor problems. I can see a slight distortion in the background surrounding a moving object. Like when a person runs through the woods, the trees surrounding the outline of the person blur a little, kind of like looking through heat. Also when I turn on subtitles they are below the viewing area and I can only see the tops of the script. I don't think the TV is faulty I believe it could be some settings, any ideas would be appreciated.