Selena Gomez and her mother face $1.2M investor fraud claims over Wondermind: Reports

Selena Gomez, Mandy Teefey and Daniella Pierson were accused of misleading backers about the company's operations, partnerships and revenue plans
Selena Gomez and Mandy Teefey faced investor claims tied to their mental health startup Wondermind (David Livingston/Getty Images)
Selena Gomez and Mandy Teefey faced investor claims tied to their mental health startup Wondermind (David Livingston/Getty Images)

NEW YORK CITY, NEW YORK: Selena Gomez and her mother, Mandy Teefey, are facing legal trouble after investors accused them of fraud related to their mental health startup, Wondermind. 

The 'Only Murders in the Building' actress and Teefey were named as defendants after investors alleged that they were misled about the company's infrastructure, leadership and business prospects. Gomez's former business partner, Daniella Pierson, was also named as a defendant in the lawsuit.

LOS ANGELES, CALIFORNIA - OCTOBER 29: Selena Gomez attends the opening night premiere of Netflix's
Selena Gomez attended the opening night premiere of Netflix's 'Emilia Perez' in Los Angeles in October 2024 (Monica Schipper/Getty Images)

Selena Gomez and Mandy Teefey face Wondermind fraud lawsuit

The issue was raised by investors who invested $1.2 million in Wondermind in the summer of 2022. According to the claim, Selena Gomez, Mandy Teefey and Pierson "falsely represented that the Company had the infrastructure, leadership, and resources necessary for the Company to launch into a profitable, one-of-its-kind mental health and wellness platform" at the time of the investment.

The investors allegedly believed that Gomez would "actively" participate in the company and serve as its "head of marketing." They also claimed they were led to believe that Pierson had "already secured institutional employer partnerships with JPMorgan and Fidelity." Another claim centered on a revenue-generating initiative that investors were allegedly told was "already underway.”



As per an Entertainment Weekly report, Gomez signed "a contract obligating her to perform," but investors alleged that she failed to fulfill her duties. They also claimed that "the partnerships did not exist" and that "the initiatives never materialized."

The investors further alleged that "while the Company quietly collapsed around them, not one of its founders, officers, or directors said a word to the investors whose money was funding the collapse." They claimed they did not learn that Wondermind was struggling until The Cut published an article in 2025 describing the company as being in a "state of utter disarray."

The investors also accused the defendants of using investor funds to "fund her lavish lifestyle," including paying rent in New York City.

Selena Gomez returns for 'Only Murders in the Building' Season 6

Amid the legal claims surrounding Wondermind, Gomez is also working on 'Only Murders in the Building' Season 6 alongside Martin Short and Steve Martin.

The upcoming season is expected to consist of 10 episodes, with the trio reportedly in the United Kingdom to film the series. Major cast additions include Martin Freeman, David Tennant, Jodie Whittaker, Simone Ashley and Nicola Coughlan, who will also appear in the series.

A release date for the upcoming season has not yet been announced.

GET BREAKING U.S. NEWS & POLITICAL UPDATES
STRAIGHT TO YOUR INBOX.

MORE STORIES

Justin Bieber's words about identity and faith drew attention as Britney Spears reflected a theme closely tied to her personal journey
51 minutes ago
Duane Davis said he plans to appeal his conviction and disputed the evidence prosecutors used against him in the long-running case
1 hour ago
'It was the best night of my life as a Swiftie, like, the coolest thing I’ve ever seen. The purest love I’ve ever witnessed,' Nikki Glaser said
1 hour ago
Robert Pattinson said he was drawn to Chris Hansen's lasting TV impact and hoped his role in 'Primetime' would be seen as a compliment
1 hour ago
Natalie Portman and Tanguy Destable have expanded their family, months after the actress spoke about the joy and gratitude surrounding her pregnancy
1 hour ago
Bruce Campbell had previously said that he had a type of cancer that was 'treatable' but not 'curable'
19 hours ago
Celine Dion appeared relaxed as she enjoyed Miley Cyrus' 'Bass Persuades' ahead of her highly anticipated Paris concerts
21 hours ago
Blake Lively captioned the Instagram Story with Aqua’s hit song 'Barbie Girl' and playfully referred to Ryan Reynolds as her 'human my size Barbie'
22 hours ago
Richard O’Sullivan's son remembered him as a 'funny and charming' father who was kind-hearted, good-humoured and a doting grandfather
23 hours ago
'Rest in peace, and rest in pride. Look at what you’ve done for all of us. Thank you,' Meghan Markle wrote in her tribute
1 day ago