Members of the Journey Band seek to settle a $10 million lawsuit and go their separate ways.
Journey has reached a "amicable settlement" with two former members suspected of planning a "ill-conceived" plan to take over the band's name.
Journey's Neal Schon and Jonathan Cain fired longtime bassist Ross Valory and drummer Steve Smith in March 2020 after the latter two reportedly sought to use the band's name to finance their retirement.
In the court dispute, both Schon and Cain and Valory filed lawsuits; a lawyer for Schon and Cain, Skip Miller, said at the time of Valory's countersuit, "The cross-complaint has no substance whatsoever. Valory has quit the band. Journey will go on tour without him until the pandemic is over. Life will continue to move on."
After thirteen months of negotiations, the two parties have reached an agreement, the terms of which have not been made public.
In a statement to Rolling Stone, the band said, "The members of the band Journey who were parties to a recent lawsuit (Neal Schon, Jonathan Cain, Steve Smith, and Ross Valory) are happy to report that they have settled their disagreements and reached an amicable settlement arrangement." “Neal Schon and Jonathan Cain recognize the significant contributions that Ross Valory and Steve Smith have made to Journey's music and legacy. Ross Valory and Steve Smith wish their former bandmates the best of luck with their future endeavors. Journey is eager to continue touring and making new music for their loyal fans all over the world.”
As the statement confirms, Valory and Smith are no longer with Journey; in May 2020, Journey announced that they were bringing back their former bassist and American Idol judge Randy Jackson for the first time since the mid-Eighties, as well as welcoming Grammy-winning drummer Narada Mica.