Selena Gomez Responds to Lawsuit over Mental Health Startup
The plaintiffs say Gomez ignored contractual duties and failed to deliver a promised mobile app after they invested nearly $1.2 million in Wondermind Global.
- On Thursday, investors sued singer and actor Selena Gomez, Mandy Teefey, and Daniella Pierson in Delaware federal court, alleging fraud and failure to fulfill contractual duties to build and promote their mental health startup, Wondermind.
- Plaintiffs invested nearly $1.2 million, alleging they were misled about partnerships with financial firms JPMorgan and Fidelity and shown material suggesting Wondermind's valuation could exceed $4 billion despite operational failures.
- Investors allege the planned mobile app was never built and the company struggled to pay employees and vendors. They claim Gomez, with more than 500 million social media followers, failed to actively promote the company as promised.
- Gomez's lawyer Rosengart rejected the allegations as "completely meritless, both factually and legally," stating the team is filing a motion to dismiss. Co-founder Pierson denied the claims, asserting she invested her own money without taking a salary.
- The dispute also centers on failed refund efforts, with plaintiffs alleging Teefey claimed an escrow account existed when it did not. Investors now seek to recover their investments, damages, and legal fees through the federal court action.
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17 Articles
Selena Gomez sweeps the accusations of fraud with a backhand
Selena Gomez Fraud Lawsuit: Lawyer Calls Claims 'Completely Meritless' as She Seeks Dismissal
Selena Gomez is fighting allegations that she defrauded investors in Wondermind, with her lawyer calling the claims 'completely meritless' as her legal team prepares to seek their dismissal. Attorney Mathew S. Rosengart said Gomez's team would 'vigorously defend' her and is filing a motion to dismiss the allegations. The lawsuit was filed in federal court in Delaware by Wondermind SRS 44 LLC and Bespoke Wondermind SPV I LLC against Gomez, her mo…
Investors sue Selena Gomez for alleged fraud over mental-health start-up
LOS ANGELES — Singer and actor Selena Gomez was sued on Thursday by investors who say the “Only Murders in the Building” star committed fraud by failing to fulfill duties to build and promote her mental health start-up. The plaintiffs invested nearly $1.2 million in Wondermind Global, which was launched in 2021 to help users strengthen their […] The post Investors sue Selena Gomez for alleged fraud over mental-health start-up appeared first on I…
Selena Gomez Hits Back at Investor Lawsuit Calling Fraud Claims Meritless
LOS ANGELES — Pop star and actress Selena Gomez is fighting back against a high-stakes lawsuit accusing her and her business partners of duping investors. Gomez, her mother Mandy Teefey, and Daniella Pierson co-founded the mental health platform Wondermind in November 2021. Now, investment groups Wondermind SRS 44 LLC and Bespoke Wondermind SPV LLC are suing the trio. The suit, filed Thursday, alleges securities fraud, common-law fraud, and bre…
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