maybe simply a bad CD image? Be sure to use a NeoGeo CD Iso from SNK NEOGEO CD tosec (Iso+wav)...
I've got no problem with following ISOS from TOSEC :
- Fatal Fury 3 - Road to the Final Victory (1995)(SNK)(Jp-US)[!][Garou Densetsu 3 - Harukanaru Tatakai][NGCD-069, NGCD-069E MT B02].zip
- Fatal Fury 3 - Road to the Final Victory (1995)(SNK)(US)[!][Garou Densetsu 3 - Harukanaru Tatakai][NGCD-069E MT B03].zip
EDIT : On a side note please report all bugs and/or issues encountered with FB Alpha 0.2.97.26 in this
THREAD to make the task easier for FB Alpha DEV team.