Selena Gomez and Mom Accused of Defrauding Investors
Investors say Wondermind concealed financial trouble and unmet marketing promises after putting in nearly $1.2 million, according to the complaint.
- Pop superstar Selena Gomez faces a federal lawsuit in Delaware filed by investors who claim they were systematically misled over the management and stability of her mental health startup, Wondermind.
- Wondermind's pitch heavily leveraged Gomez's over 500 million social media followers, presenting her active role as head of marketing and chief impact officer as foundational to the brand's growth strategy.
- Investors who poured nearly $1.2 million into the venture accuse the team of securities fraud, claiming Gomez "purported to sign a contract obligating her to perform and then ignored it," leaving partnerships with JPMorgan and Fidelity unfulfilled.
- The Cut's September 2025 investigation exposed internal disputes and stalled projects, revealing the company had struggled to meet financial obligations while laying off most staff before seeking another funding round.
- While the lawsuit accuses the founders of "absolute silence" during the three-year collapse, these claims remain untested in court, and Gomez has not publicly responded to requests for comment.
26 Articles
26 Articles
[OSEN=Ji Min-kyung] American singer and actress Selena Gomez has been sued for fraud. According to a recent report by the U.S. media outlet The New York Times, investors have filed a lawsuit seeking damages against Selena Gomez and her mother, who co-founded the company. WonderMind was established in 2021 to help the public have easier access to mental health resources. However, in this lawsuit, the investors side
Investing firms claim that they contributed more than $1.2 million to Wondermind under false promises, while the company collapsed secretly.
Selena Gomez denies allegations of securities fraud surrounding Wondermind, the mental health company she founded with her mother Mandy Teefey and entrepreneur Daniella Pierson. Two investors have sued the trio, alleging they were misled regarding the company's financial resources and leadership, among other things.
Selena Gomez’s Lawyer Slams ‘Completely Meritless’ Fraud Lawsuit, Plans to File Motion to Dismiss
Selena Gomez is firing back after the pop star and her mother, Mandy Teefey, were named in a fraud lawsuit. “The allegations that Selena Gomez engaged in any way whatsoever in any purported ‘fraud’ or other wrongdoing are completely meritless, both factually and legally,” Gomez’s lawyer Mathew S. Rosengart told Us in a Saturday, August […]
Selena Gomez sued for alleged fraud over mental health start-up
LOS ANGELES — Singer and actor Selena Gomez was sued on Thursday by investors who say the "Only Murders in the Building" star committed fraud by failing to fulfill duties to build and promote her mental health start-up.The plaintiffs invested nearly $1.2 million in Wondermind Global, which was launched in 2021 to help users strengthen their "mental fitness," according to the lawsuit filed in federal court in Delaware.Investors said they were tol…
Coverage Details
Bias Distribution
- 53% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
