Sounds like a control card failure... Seen it more than once... First boot is good, but when you reboot it freaks out.
This is common on a software upgrade, once the software is loaded, the JTAG and FPGA needs to be upgraded, it typically updates on it's own. If they are corrupt of defective, this happens.
Call your vendor or support, get it as approved as an Out of Box failure and get a replacement, there is nothing you can do with it.