Singer and actress Selena Gomez along with her mother are facing a lawsuit from investors regarding their mental health startup, Wondermind. The plaintiffs claim they invested nearly $1.2 million into the venture, which was launched in 2021 to provide mental health resources, accusing the founders of securities fraud and breach of contract.
According to the complaint, Gomez failed to deliver on marketing promises and the company concealed its financial troubles and collapse for years while the app was never actually built. Investors only learned about the issues through a 2025 investigative report, and they are now seeking to recover their initial investments alongside legal fees.
- Investors filed a lawsuit against Selena Gomez over nearly $1.2M in funding
- Accusations include securities fraud and breach of contract tied to Wondermind
- Plaintiffs claim the mental health app was never actually built
- Founders allegedly hid the company’s financial collapse from backers for years
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