● Covered by 1 source · 1 reportLow impact1 negative
Selena Gomez and Mother Sued for Alleged Fraud in Mental Health Startup Wondermind
Key points
- Investors allege $1.2 million invested in Wondermind.
- Lawsuit claims securities fraud and breach of contract.
- Allegations include failure to deliver on commitments and market the startup.
- Investors were reportedly unaware of issues until a 2025 story.
Lawsuit Filed Against Wondermind Founders
Singer and actress Selena Gomez and her mother are facing a lawsuit regarding their mental health startup, Wondermind. The plaintiffs, who invested nearly $1.2 million, accuse Gomez of securities fraud and breach of contract. The news was initially reported by Forbes.
Allegations of Unfulfilled Promises
The lawsuit alleges that Wondermind failed to fulfill its commitments without informing investors. Furthermore, it claims that Gomez did not market the startup as she had promised. The complaint states, "Gomez purported to sign a contract obligating her to perform and then ignored it."
Company's Reported Collapse and Lack of Disclosure
Wondermind, launched in 2021 to provide daily mental health resources, allegedly did not build its app or materialize partnerships and initiatives. Investors claim they were unaware of the company's troubles until a September 2025 story from The Cut revealed them. The lawsuit asserts that no founders, officers, or directors informed investors about the company's quiet collapse over three years.
Misrepresentation Claims
The investors also allege that Gomez and Wondermind misrepresented the company’s financial status and overstated Gomez’s involvement. The plaintiffs are seeking to recover their investments and legal fees. Wondermind has not provided a comment on the lawsuit.
✨ This summary was generated by AI from the outlets' reporting listed below. It is not independently verified and may contain errors — check the original sources. How BrevFeed works →
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Reporting from
Investors are suing Selena Gomez and her mother, alleging securities fraud and breach of contract related to their mental health startup, Wondermind. The lawsuit claims investors put nearly $1.2 million into the company, which allegedly failed to deliver on commitments and was not marketed by Gomez as promised. This matters as it highlights potential risks and accountability issues in celebrity-backed ventures, particularly in the startup ecosystem.