Hi everyone,
The issue has been resolved by thoroughly cleaning the pistol of its shipping oil and heavily lubricating the slide and other essential parts where there is significant friction. After reassembling I successfully shot the 115 grain ammo with out an issue. The magazines loosened up as I loaded them and I can now get all ten cartridges loaded in both.
I want to thank everyone for their input and advice. I learned a lot through this process and I am very happy I purchased the pistol. It's a great gun to shoot. I hope other people will benefit from this thread if they have the same issue.
-rujero