It could be defective but the more likely thing to do is give it a different IP address, then redirect the drivers to the new IP.
The code is a catch all for network issues, but typically it is a job with unexpected data, which can happen when a printer is placed in the spot of another on a LAN for convenience. (Occasionally causes SNMP errors due to same IP but different Hostnames)
Other possible options are to disable Advanced Printing Features in the driver properties
And enable Download as Softfont in the Printing Preferences
If all that changes nothing you may have a defective device, but all of the options I listed here can only improve things so they are worth trying.