Magic Sheet Fader Label - Can't change text color

If I select "Label" for one of the fields for a fader in a Magic Sheet, the text color remains goldenrod when I try to change it. I can change the font and the font size just fine, and the preview text even shows the changed color, but the final text color never changes. Is this expected behavior (and if so, why) or is this a bug?

Thanks!

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