Weeks after Journey guitarist Neal Schon filed a lawsuit against bandmate Jonathan Cain, claiming the keyboardist had set up a secret American Express account to give himself access to “millions of Journey funds,” Cain is firing back.
In a statement released Tuesday, Cain says Schon’s lawsuit is filled with “malicious lies and personal attacks” – and claims he was forced to take control of the situation because of the guitarist’s “reckless spending.”
Cain writes, “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.”
Speaking of “personal attacks,” Cain wraps up the statement by unleashing one of his own.
“I am saddened by the situation — for Neal and for our fans,” he writes. “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.”
