In light of the recent lawsuit brought against him by Journey bandmate Neal Schon, guitarist Jonothan Cain has dismissed it, calling the allegations made against him “malicious lies”.
The lawsuit was brought by Schon against Cain to “obtain critical financial information Schon has been trying to obtain but has been denied”.
Among other things, Cain was also accused of “interfering with Journey, refusing to respond to booking opportunities, blocking payment to band members, crew, and vendors, refusing to execute necessary operating documents, and in other ways as well. Cain has obstructed Schon from viewing expenses incurred by Cain and his touring party on band tours”.
See the lawsuit in full here.
“malicious lies and personal attacks”
Following this, Jonothan Cain has since released a statement, denying Schon’s claims.
“This is a matter that should have been resolved privately,” stated Cain, “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”.
“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”, Cain continued.
“Since Neal decided to publicise 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. 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”.
“desperate people, doing desperate things”
On top of this, Cain’s lawyers Alan S Gutman and John Juenger who represent LA law firm Gutman Law have also released a statement, alleging that Schon’s financial woes are down to his “reckless spending”.
“The evidence will establish that Schon’s financial crisis has nothing to do with his professed ‘unfettered access to Nomota’s records”, they said.
“Our 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”.
They have also insisted that Schon’s legal team Miller Barondess, “must be disqualified based on its prior representation of Cain”.
