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Home » AI News » Investors sue Selena Gomez alleging fraud tied to her mental health startup
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Investors sue Selena Gomez alleging fraud tied to her mental health startup

CryptoAINewsBy CryptoAINewsAugust 14, 2026No Comments2 Mins Read
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Singer and actress Selena Gomez and her mom are being sued over their psychological well being startup, Wondermind. The plaintiffs within the lawsuit say they invested practically $1.2 million within the startup, and are accusing Gomez of securities fraud and breach of contract.

They allege that the startup did not ship on its commitments with out informing traders, and Gomez did not market the startup after promising to take action. The information was first reported by Forbes.

Wondermind launched in 2021 and aimed to supply every day psychological well being assets to customers. The lawsuit alleges that traders had been unaware of the corporate’s troubles till a September 2025 story from The Lower uncovered them.

“Gomez presupposed to signal a contract obligating her to carry out after which ignored it,” the complaint reads. “The partnerships didn’t exist. The initiatives by no means materialized. The app was by no means constructed. And for 3 years, whereas the Firm quietly collapsed round them, not certainly one of its founders, officers, or administrators mentioned a phrase to the traders whose cash was funding the collapse.”

The traders allege that Gomez and Wondermind misrepresented the corporate’s funds and overstated the extent of Gomez’s involvement. The plaintiffs are looking for to recuperate their investments and authorized charges.

Wondermind didn’t reply to our request for remark.



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