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On the meld request form which shows the gil reward and the materia to be melded, if you mouse over the materia icon you will get a popup box with details on that materia. The details will be of the wrong materia(for example mousing over a savage aim III will show details for a quicktongue materia).
Thank you valhalla for posting your concerns about materia tooltips. I have made sure to submit all of your information to the development team, and they will thoroughly investigate this matter, based on your report. Unfortunately, I cannot guarantee that a direct response will be posted on this thread, but I do recommend checking Here or Here for any details regarding the development team's investigation.
Thanks for your report. Good luck and have fun!