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

by Asia Today Team
August 14, 2026
in Tech
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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 buyers, 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 day by day psychological well being sources to customers. The lawsuit alleges that buyers had been unaware of the corporate’s troubles till a September 2025 story from The Minimize uncovered them.

“Gomez presupposed to signal a contract obligating her to carry out after which ignored it,” the criticism 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 one in every of its founders, officers, or administrators mentioned a phrase to the buyers whose cash was funding the collapse.”

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

Wondermind didn’t reply to our request for remark.



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