Selena Gomez & mom sued for allegedly defrauding investors in mental health startup

2026-08-13T16:56:01Z

The Plaintiffs invested nearly $1.2 million in Wondermind Global Inc. because the Defendants 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.

Among other misrepresentations, the Company, including through the Individual Defendants, who directly solicited the Plaintiffs’ investments, told the Plaintiffs three things: that Selena Gomez, one of the most famous women on earth with a billion-dollar brand and a platform unmatched in social media, would be actively building the Company as its head of marketing; that co-CEO Daniella Pierson was a $200 million executive whose prior businesses generated $40 million a year and who had already secured institutional employer partnerships with JPMorgan and Fidelity; and that a full slate of revenue generating initiatives, including advertising deals, celebrity cover stories, and a groundbreaking app, were already underway. These representations were false. Gomez purported to sign a contract obligating her to perform and then ignored it.

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. Instead, after years of concealment, the Plaintiffs learned what had happened only from an online news article published in September 2025. In detail, that article outlined the state of utter disarray at the Company, including Teefey’s apparent substance abuse disorder and her gross mismanagement of the Company; Gomez’s abject dereliction of her duties to the Company and, indeed, her active efforts to distance herself from it, given her long-running personal struggles with her mother, Teefey; an executive power struggle at Wondermind, resulting in Pierson’s ouster from the Company and a leadership void; and the Company’s failure to meet even its most basic obligations, such as timely paying its employees and vendors. The information unearthed in this article proved not only that the Company was, and is, in a state of financial calamity; it proved that the Defendants’ representations about the Company’s operations, personnel, and financial prospects were a fiction. There was no legitimate enterprise in the works, much less a lucrative one.

Edited 46 minutes ago by TaylorSwift