John "Jughead" Pierson, co-founder of Screeching Weasel and member of Even In Blackouts has released a statement regarding the recently announced Screeching Weasel reformation. He had this to say::
Ben and I started a band together called Screeching Weasel, we both spent all our days making that band a home for ourselves, and 18 years later we put it to rest. This along with the statement made by both me and Ben on many occasions that the band wouldn't be Screeching Weasel without either of us, makes me assume that this band playing isn't Screeching Weasel, because I don't recall having kicked myself out of the band. So it seems logical that this is not Screeching Weasel.

If it were I would have to admit that I longer have friends named Ben Foster or Dan Schafer. As for people like Ben Weasel, Dan Vapid, or even John Jughead, I have nothing to say, because they never really existed, they were just made up names for a bunch of friends that tried to do something different in order to survive and make a living in this world. And I imagine they are all still trying to make a living somehow, seeing that their band's prominent "leader" never wanted to tour in order to make it financially viable to continue on.

The full statement can be read by following this link.