Investors sue Selena Gomez alleging fraud tied to her mental health startup

19 hours ago 8

In Brief

Posted:

3:12 PM PDT · August 13, 2026

Image Credits:MICHAEL TRAN/AFP / Getty Images
  • Aisha Malik

Singer and histrion Selena Gomez and her parent are being sued implicit their intelligence wellness startup, Wondermind. The plaintiffs successful the suit accidental they invested astir $1.2 cardinal successful the startup, and are accusing Gomez of securities fraud and breach of contract.

They allege that the startup failed to present connected its commitments without informing investors, and Gomez failed to marketplace the startup aft promising to bash so. The quality was archetypal reported by Forbes.

Wondermind launched successful 2021 and aimed to connection regular intelligence wellness resources to users. The suit alleges that investors were unaware of the company’s troubles until a September 2025 communicative from The Cut uncovered them.

“Gomez purported to motion a declaration obligating her to execute and past ignored it,” the complaint reads. “The partnerships did not exist. The initiatives ne'er materialized. The app was ne'er built. And for 3 years, portion the Company softly collapsed astir them, not 1 of its founders, officers, oregon directors said a connection to the investors whose wealth was backing the collapse.”

The investors allege that Gomez and Wondermind misrepresented the company’s finances and overstated the grade of Gomez’s involvement. The plaintiffs are seeking to retrieve their investments and ineligible fees.

Wondermind did not respond to our petition for comment.

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