Jonathan Cain Exposes Neal Schon’s Financial Struggles After His Public Attack
Journey continues to be on the agenda with their never-ending internal issues. After Neal Schon’s recent legal attack against the other remaining original member Jonathan Cain, the keyboardist broke his silence and released a statement. Cain called Schon a liar and addressed the financial pressure the guitarist has been under.
Last month, Neal Schon filed a lawsuit against Jonathan Cain, claiming that his Journey bandmate blocked his access to the band’s American Express account. The lawsuit deals specifically with Nomota, the company the two set up to handle Journey-related business matters. However, Schon claims that he has been unable to access the company’s financial reports. In his recent statement, Cain talked about his discomfort with Schon for publicizing this issue.
“This is a matter that should have been resolved privately,” the musician said before responding to Schon’s claims. Cain shared, “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 keyboardist continued, “Neal has 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. 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,” Jonathan added. He also noted, “I am saddened by the situation – for Neal and for our 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.”
So, Jonathan Cain thinks that Neal Schon made this issue public just to gather supporters around him. The musician claimed that Schon has access to the account, but the lawsuit hopes to serve something else. According to Cain, Schon has been struggling with financial issues due to his extravagant lifestyle. Thus, he wants to increase his spending limits on the band’s card account.