Selena Gomez and her mother, Mandy Teefey, are being sued by five investors who claim they were misled after putting $1.2 million into Wondermind, the mental health content company the singer and actress co-founded 2021.
The lawsuit, first reported by CNN on Friday and reviewed by TMZ, also names former Wonderm co-founder Daniella Pierson, who left the company in 2023. The plaintiffs accuse the three women of fraud, breach of contract market abuse, and other unspecified charges.
Investors Say Promises Never Materialized
According to complaint, the investors backed Wondermind in 2022, betting heavily on Gomez’s celebrity status to boost the platform’s value. company promised “simple, practical ways to take care of your mental health on a daily basis” through a website, podcasts, shows, and.
However, the plaintiffs allege that for three years, “while the company quietly collapsed around them, none of its founders executives, or directors said a word to the investors whose money was funding that collapse.” They claim that promised advertising deals, celebrity cover stories, a revolutionary app never existed.
“The partnerships never existed. The initiatives never materialized. The app was never developed,” the investors in their filing.
The lawsuit seeks to recover the investors’ funding, plus damages and legal fees. The plaintiffs say they were alerted to problems after reading a September 2025 article in The Cut titledWhat Happened at Wondermind?”
That investigation, based on dozens of employee interviews, revealed internal relationship conflicts power struggles within the startup. It also detailed personal and family issues involving Gomez and Teefey, including allegations that company money was used for purposes.
Only Former Partner Responds
So far, only Daniella Pierson has publicly responded the lawsuit. She denies the allegations and says she looks forward to presenting “concrete documents and financial statements that establish the facts.” Pierson denied claims that company funds were misused for personal expenses.
Representatives for Selena Gomez and Mandy Teefey not yet commented on the legal action.
Wondermind was launched with significant fanfare in 2021, positioning as a mental health ecosystem backed by Gomez’s personal struggles with anxiety and bipolar disorder. The startup attracted attention for its celebrity founder and ambitious multimedia, but the lawsuit paints a picture of a company that failed to deliver on nearly all of its core promises to early backers.

