Investors sue Selena Gomez over failed Wondermind startup, alleging fraud
TL;DR Summary
New York investors in Selena Gomez’s Wondermind are suing Gomez, her mother Mandy Teefey, and Daniella Pierson for securities fraud, common-law fraud, breach of contract and other claims, saying they invested about $1.2 million in 2022 expecting Gomez’s involvement and partnerships that never materialized, the app was never built, and Wondermind quietly collapsed; Pierson left the company in 2023 as the suit seeks to recover their investment and damages.
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- Investors sue Selena Gomez for alleged fraud over mental-health start-up Reuters
- Selena Gomez and Mom Sued for Allegedly Defrauding Investors as Business Fell Apart TMZ
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