The Collaborative International Dictionary of English v.0.48:

Misread \Mis*read"\, v. t. [imp. & p. p. Misread; p. pr. & vb.
   n. Misreading.]
   To read amiss; to misunderstand in reading.
   [1913 Webster]

WordNet (r) 3.0 (2006):

misreading
    n 1: misinterpretation caused by inaccurate reading

Moby Thesaurus II by Grady Ward, 1.0:

44 Moby Thesaurus words for "misreading":
   abuse of terms, catachresis, contorting, distortion, eisegesis,
   error, error in judgment, garbling, gloss, injudiciousness,
   malentendu, malobservation, misapplication, misappreciation,
   misapprehension, miscalculation, miscitation, miscomputation,
   misconception, misconjecture, misconstruction, misestimation,
   misevaluation, misexplanation, misexplication, misexposition,
   misintelligence, misinterpretation, misjudgment, misquotation,
   misrendering, mistranslation, misunderstanding, misuse of words,
   misvaluation, perversion, poor judgment, skewed judgment,
   squeezing, torturing, twisting, wrenching, wrong construction,
   wrong impression



Bouvier's Law Dictionary, Revised 6th Ed (1856):

MISREADING, contracts. When a deed is read falsely to an illiterate or blind
man, who is a party to it, such false reading amounts to a fraud, because
the contract never had the assent of both parties. 5 Co. 19; 6 East, R. 309;
Dane's Ab. c. 86, a, 3, Sec. 7; 2 John. R. 404; 12 John. R. 469; 3 Cowen, R.
537.