Journey’s Jonathan Cain sues bandmate Neal Schon over excessive spending
The battle over the Journey American Express card isn’t over. In new court documents filed in California, Jonathan Cain is accusing bandmate Neal Schon of charging over $1 million on the card, which is causing problems for the band.
“Schon’s use of the [shared] AMEX card for personal expenses created serious liquidity problems for the band as the AMEX balance had to be paid every month, and there were insufficient revenues to pay for other expenses as Schon saddled Journey with over $1 million of his personal expenses,” the court documents state.
And Cain specifically calls out just how Schon has been using that credit card, including spending over $100,000 on personal expenses in one billing cycle ending in January of last year, and $400,000 for the billing period ending March 16, which included $104,000 to a jewelry store and $31,000 to Bergdorf Goodman.
Plus, Cain argues that even when they put a $30,000 limit on Schon’s card, he still somehow spent hundreds of thousands of dollars in expenses, like demanding a $5,000/night suite in Hawaii, when the maximum amount allocated was $1,500 a night. To add to that, he stayed a week longer than he should have.
As for Schon, his attorney tells Billboard Cain’s claims are ridiculous and “as phony as a three dollar bill.”
As previously reported, last year Schon sued Cain over the company AmEx card, claiming Cain refused to allow him access to it. Cain countered the suit was just Schon’s way of covering up his “excessive spending and extravagant lifestyle.”
Regardless of all of this, Journey is set to kick off their 50th anniversary tour on February 5 in Allentown, Pennsylvania.
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