Selena Gomez and her mother are facing a lawsuit from investors who claim the singer and actress defrauded them through her mental health startup, Wondermind. The plaintiffs say they invested nearly $1.2 million in the company and are accusing Gomez of securities fraud and breach of contract.
Wondermind launched in 2021 with the stated goal of offering daily mental health resources to users. According to the complaint, investors allege that Gomez signed a contract committing to perform and market the startup but failed to follow through. The suit further alleges that promised partnerships never materialized, planned initiatives were never launched, and the app was never built.
“Gomez purported to sign a contract obligating her to perform and then ignored it,” the complaint reads. “The partnerships did not exist. The initiatives never materialized. The app was never built. And for three years, 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.”
Investors say they were kept in the dark about the company’s troubles until a September 2025 story from The Cut exposed them. The lawsuit, first reported by Forbes in August 2026, also alleges that Gomez and Wondermind misrepresented the company’s finances and overstated the extent of Gomez’s involvement.
The plaintiffs are seeking to recover their investments along with legal fees. Wondermind did not respond to a request for comment.
The case may draw wider attention to how celebrity involvement is represented to investors in startup ventures, particularly when a public figure’s marketing commitment is a core part of the pitch.
Source: TechCrunch