Chicago - Video game publisher Midway Games is facing eight separate class action lawsuits, filed on behalf of shareholders who allege the company either failed to disclose or misrepresented facts related to its performance, and engaged in insider trading.

One lawsuit alleges that top executives knew of investor Sumner Redstone's intention to withdraw support for the company, and accordingly ditched their shares.

Chicago-based Midway's share price fell 67% between December 2005 and May 2006; the company is currently engaged in a $17 million restructuring program, and seeking debt financing.

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http://www.midway.com