Yes, there are false positives with Valgrind, that's why it has suppression files for particular glibc and gcc versions, for example. The false positives may arise if you are using older valgrind with newer gcc and glibc, i.e., valgrind 3.3 with glibc 2.9.
Having said that, you still have to look into issue and find out if it is really a false positive (if that turns out to be the case, you can write a suppression for it yourself) or is it a real bug in your program.
There is no quick and easy way to say what is going on here, but in this case I'd suspect that you are passing uninitialized value from your code to library code. Try Valgrind option --track-origins=yes
. It will show where the uninitialized value came from. If it is your code, probably you should initialize it. If it's inside library, it could be the false positive or, still, bad values of library call arguments might be causing it, so check those.