Jonathan Cain Sues Neal Schon For Allegedly Charging $1 Million To Shared Credit Card
Journey keyboardist Jonathan Cain has filed a suit against longtime bandmate Neal Schon, alleging that he spent over $1 million on the band’s shared American Express card, including $400,000 in a single month last year.
Cain’s allegation comes after Schon initiated a legal battle a few months ago by filing a lawsuit against Cain, accusing him of blocking access to “critical” financial records linked to the Amex account.
The countersuit filed by Cain in California state court claims that it was Schon’s own actions that had led to those restrictions on his access to the Amex account, including “misusing” the card to deal with his own “financial problems as a result of an extravagant lifestyle.”
“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,” Cain’s lawyers wrote in the new complaint, filed January 13.
The countersuit also included several specific allegations about Schon’s spending habits. It claims Schon promptly spent over $100,000 in January 2022 when given access to the account. Then he allegedly spent a whopping $400,000 at Bergdorf Goodman department store in New York City and other retailers in March.
Cain also says Schon demanded suites at a Hawaiian hotel that cost north of $5,000 per night, then stayed a week longer than necessary and racked up more than $100,000 more in charges on the card.