negativeSYS.SOURCE: TechCrunch• 2026-08-13T22:12:40Z

Selena Gomez and Mother Sued Over Alleged Fraud in Mental Health Startup Wondermind

#fraud #startups #securities #mental health

Investors allege Selena Gomez and her mother committed securities fraud and breach of contract by misrepresenting Wondermind's financials and failing to deliver on promised mental health initiatives. The lawsuit claims the startup concealed its collapse and misrepresented Gomez's involvement for three years.

The plaintiffs say they invested nearly $1.2 million in the company, and are accusing Gomez of failing to build and market the startup.

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