Investors Sue Selena Gomez's Mental Health Startup Wondermind, Alleging Fraud

Published Aug 15, 08:49 PM UTC

A federal lawsuit filed Thursday accuses Selena Gomez's mental health startup Wondermind, along with cofounders Mandy Teefey and Daniella Pierson, of defrauding investors. The investors, including Brent Saunders and Marc Roberts, claim they invested nearly $1.2 million based on false representations about the company's infrastructure, leadership, and partnerships. The lawsuit alleges that key partnerships with firms like JPMorgan and Fidelity never existed, a planned app was never built, and revenue-generating initiatives never materialized. Investors say they were kept in the dark about the company's financial and operational collapse for three years, only learning of the problems through a September 2025 article in The Cut. The article detailed management clashes between Teefey and Pierson, and Gomez's distancing from the startup. Gomez's lawyer has called the allegations 'completely meritless,' while Pierson's representative denies the claims. The investors are seeking return of their investments or damages.