Selena Gomez Dismisses ‘Baseless’ Fraud Claims Over Mental Health Startup
Selena Gomez’s lawyer says the fraud claims are meritless and plans to seek dismissal of the suit alleging nearly $1.2 million in investor losses.
- On Thursday, Wondermind SRS 44 LLC and Bespoke Wondermind SPV LLC sued singer Selena Gomez, her mother Mandy Teefey, and former co-CEO Daniella Pierson, alleging fraud and breach of contract regarding their mental health startup Wondermind.
- The lawsuit claims the trio falsely represented Wondermind's infrastructure and leadership while soliciting nearly $1.2 million in investments; investors allege promised initiatives including an app and advertising deals never materialized.
- While marketing touted Gomez as "intimately involved," the complaint alleges she signed a contract but failed to perform. Pierson reportedly exited the company after tensions with Teefey, and the startup never launched its planned mental fitness app.
- Representing Gomez, lawyer Mathew S. Rosengart called the allegations "completely meritless," while a representative for Pierson stated she welcomes presenting financial records, asserting she invested her own capital and never used investor funds for personal expenses.
- Previous reports in Forbes and The Cut alleged operational struggles and leadership conflicts at the company. The lawsuit seeks rescission of the investment contract and damages, marking a significant challenge for the founders.
27 Articles
27 Articles
Singer Selena Gomez is sued. Investors of their start-up Wondermind accuse her of deception and demand more than a million dollars. However, the accusations are factual and legally unfounded, says Gomez' lawyer.
The actress is accused by several investors of her mental health start-up, Wondermind, launched in 2021.
Redacción Internacional, 16 Aug (EFE).- The lawyers of the American singer Selena Gomez have denied that the pop star has committed any kind of fraud, following the lawsuit filed against her by a group of investors of their startup "Wondermind". "The accusations that Selena Gomez has participated in some way in an alleged 'fraud' or other irregularity are completely unfounded, both in the facts and in law," Gomez's lawyer Mathew S. Rosengart dec…
Selena Gomez Dismisses ‘Baseless’ Fraud Claims Over Mental Health Startup
The singer and actor vows to fight a $1.2 million lawsuit by Wondermind investors who claim she ‘falsely represented’ her involvement in the wellness venture. Her lawyer calls the allegations ‘completely meritless.’
Through her legal team, the singer and actress said she would take legal action against the plaintiffs
Coverage Details
Bias Distribution
- 48% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
