Posted in Adition Forum as well
Anyone able to check this please.
I have a test project in PremPro CS5.5 and I created a Bars and Tone Clip.
The Tone on the clip is -12db (VU meter)
I went "Edit in Audition" and the same audio wave reads -15db on the VU
In Audition, go to Edit > Preferences > Multitrack and change Panning Mode to Left/Right Cut (logarithmic).