Jonathan Cain States That Neal Schon Misused Band’s Credit Cards
via Jonathan Cain / Youtube
Just recently, a new report has been added to the Journey‘s long list of lawsuit issues. After Steve Perry filed a legal case against his former bandmates, Jonathan Cain and Neal Schon, now the feud is happening inside the band.
Schon has filed a legal action against Cain for “improperly restricting” him from getting access to Journey’s American Express card. Now, Cain has responded to the accusations being thrown at him saying that it was Schon who ran up “enormous personal charges” on Journey’s credit card. In an official statement released by Cain, he said:
“This is a matter that should have been resolved privately, but I am forced to publicly respond now to Neal’s malicious lies and personal attacks on my family and I in an effort to garner public support for his ill-conceived lawsuit — a lawsuit that has absolutely no merit.”
The musician also contradicted what Schon has been claiming, saying that he “always had access to the credit card statements. What he lacks — and what he is really seeking — is the ability to increase his spending limits.” Cain added:
“Since Neal decided to publicize what is going on, I can tell you we will present the evidence to the court that shows that Neal has been under tremendous financial pressure as a result of his excessive spending and extravagant lifestyle, which led to him running up enormous personal charges on the band’s credit card account.
“When efforts were made to limit his use of the card to legitimate band expenses, Neal, unfortunately, decided to attack me rather than trying to get his reckless spending under control.”
Apart from Cain’s official statement, his lawyers also released their own separate statements about the case. Upon doing their investigation, it has been “established that Schon’s personal financial problems resulted solely from his reckless spending – including what preliminarily appears to be charging more than $1 million of improper personal expenses on the band’s corporate Nomota AMEX card. Schon’s complaint is a classic example of desperate people doing desperate things. It’s very unfortunate that Neal – and Neal alone – has created such difficulties for himself and his family through his profligate spending.”
A preliminary hearing for the case is scheduled for March 3. Cain also expressed that he was saddened by the situation and also thought of the possible effects of this lawsuit not just to them, but to their fans most importantly. However, Cain also declared:
“Since Neal filed a lawsuit, I suspect he will not be able to ignore the court like he has ignored the countless financial advisors and accountants he has fired over the past several years who have tried in vain to help him.”