Neal Schon Misused Journey’s Credit Card

Jonathon Can recently responded to Neal Schon’s new lawsuit, claiming that the guitarist ran up “enormous personal charges” on Journey’s credit card. The 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. Also charging him with mismanaging a series of band related actions.

Cain said in an official statement that, “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.” Going on to say that Schon “always had access to the credit-card statements,” and suggested that the lawsuit was about more, “What he lacks — and what he is really seeking — is the ability to increase his spending limits,”

Cain added that, “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.”

Cain’s lawyer issued his own separate statement saying 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.”

The preliminary hearing for the case in question is set for March third, 2023.

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