Selena Gomez and fellow founders of mental health start-up Wondermind are facing a lawsuit from investors who claim they were misled about the company’s business prospects and the singer’s involvement in its operations.
Five investors represented by two investment firms filed the lawsuit on Thursday in a federal court in Delaware against Wondermind Global, Gomez, her mother Mandy Teefey and former business partner Daniella Pierson.
The plaintiffs said they invested nearly US$1.2 million in Wondermind’s Series A preferred shares in 2022 after being given assurances about the company’s leadership, planned products and potential revenue streams.
Founded in 2021, Wondermind describes itself as a mental fitness platform offering accessible mental health content, podcasts, worksheets and newsletters. The venture was launched with the aim of making mental wellness resources more accessible to a wider audience.
According to the lawsuit, Gomez was presented to investors as a co-founder, chief impact officer and head of marketing. The investors alleged they were told she would play an active role in developing and promoting the company, including leveraging her large social media following.
The lawsuit also claims investors were told Wondermind had secured or was developing partnerships with major employers, including JPMorgan and Fidelity. They were allegedly also informed about plans for advertising deals, celebrity cover appearances and a mobile application.
However, the plaintiffs alleged that those partnerships never materialised, the proposed initiatives were not carried out and the mobile application was never developed.
Investors further claimed the company failed to disclose worsening financial and operational difficulties. They said they only became aware of many of the alleged problems after an investigative media report was published in September 2025.
The lawsuit includes allegations of securities fraud, common law fraud, breach of contract and other violations. The plaintiffs are seeking to have their investments rescinded or to receive damages, together with interest, legal costs and attorneys’ fees.
Pierson has denied the allegations and said she welcomed the opportunity to present documents and financial records to support her position. She also denied using investors’ money for personal expenses.
Gomez, Teefey and Wondermind have not publicly responded to the lawsuit. The allegations have not been proven in court, and the case remains subject to legal proceedings.
