Posted on 11/29/2022 12:48:25 AM PST by nickcarraway
Jonathan Cain has responded to Neal Schon's new lawsuit, claiming the guitarist was the one who ran up "enormous personal charges" on Journey's credit card.
Schon's original legal action in Northern California’s Contra Costa County alleged that Cain had “improperly restricted” Schon from financial documents relating to Journey’s American Express card. He also charged Cain with mismanaging a series of band-related actions.
“This is a matter that should have been resolved privately," Cain said in an official statement, "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."
Cain says Schon "always had access to the credit-card statements," while suggesting that the lawsuit was about something more: "What he lacks — and what he is really seeking — is the ability to increase his spending limits," Cain declared.
"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," Cain added. "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."
Cain's lawyers issued a separate statement, revealing that their investigation has "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 the 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.”
Cain admitted that he was "saddened by the situation," and expressed concern for the affect the lawsuit may have on Journey's fans. "But 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.”
A preliminary hearing for the case is scheduled for March 3.
Not to be brushed off.
this is not even unusual.
Don’t Stop Believin’!!
What card limit does the Philippino have?
Neal Schon is a helluva guitar player, one of my favorites, but I'm kinda believing Cain here.
I don’t think he gets one.
[Don’t Stop Believin’!!]
A thread winner!!!
[Whose cryin now?]
Two winners on the same thread!!!
When you are a rock “stars” who are 68 and 72 years old and haven’t charted a hit in decades, yea you aren’t going to be behaving. (Or shouldn’t be) like a bunch of 20 somethings who think the cash and game won’t stop flowing.
No doubt Journey had some classic hits and still make more money than most people will ever see from the royalties from them, and can still draw a crowd when they tour, but do you behave the same way you did in your 20s?
Neal Schon may be a great guitar slinger, but he has not Faithfully used this debt instrument. Perhaps it is time for them to go their Separate Ways. I am certain that he can find three or four other old rockers who would welcome him with Open Arms to form another “Super Group”.
There’s probably some truth to the allegations that BOTH of them have been abusing their expense accounts. And probably both at the behest of their (gold digging) wives.
However, it appears that only Cain has actually added his wife (televangelist and Trump spiritual advisor Paula White) directly onto the Journey account credit card.
Unfortunate this couldn’t be privately handled, but now that the courts are involved, hopefully a Herbie Herbert type manager/mediator can be appointed for the band to manage the finances and sort it out peacefully, although that may be a longshot unless the label(s) file a recommendation.
Agreed, def an underrated guitarist to the genpop. He had great tutelage when at only 17 became a member of Santana. Shame, but then again, he has that wife...
His 5th wife. The best was when they did their wedding on PPV. Both professional grifters.
Sometimes.
Keep in mind that I was a professional musician for 22 years. 8~)
Who’s cryin’ now?
Only the Lonely, but the Girl can’t help it....(Mikaela Schon)
Been a huge Journey fan for 40+ years. That “Captured” album changed my life. When Perry left the group, I developed a deep appreciation for Neal’s abilities. It is always a good day when I hear Neal play. I even knew it was Neal playing the first time I heard Bad English on the radio without ever hearing of or about that band. That having been said, I follow Neal on social media. It appears that he has a warehouse full of Lamborghinis, so... draw your own conclusions I guess.
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