One problem you havc here is that it is your friend who has the legal relationship with the supplier, not you. If the tool is still under warranty, get him to kick up a fuss on your behalf.
If you want to fix it yourself, you can try to elangate the holes which attach the trunnions to the u/s of the table. I depends how much you have got to adjust it.
Incidentally, exactly the same thing happened to me about 10 years ago. I bought a TS from Axminster and it was out. Not by a few thou, by a few mm. They swapped it without question, and the new one had been checked over, all the stops set up properly, before they had sent it out. 10/10.
I made my own fence (the original was rubbish) from an article in FWW, and I still use the same saw today. It even has a nice long spindle shaft..........
. I would buy a nice new Jet, with a sliding carriage and braking system, but I wouldn't be able to do my Norm impressions.
Cheers
Steve