Selena Gomez’s legal representatives have rejected a lawsuit filed by a group of investors who allege the pop star and her co‑founders misled them about the prospects of their mental‑health venture, Wondermind.
Mathew S. Rosengart, who is handling the case for Gomez, issued a statement saying, "The allegations that Selena Gomez engaged in any way whatsoever in any purported ‘fraud’ or other wrongdoing are completely meritless, both factually and legally." He added, "We will vigorously defend these false allegations and indeed are filing a motion to dismiss the baseless claims against her," and indicated that the defence will be pursued aggressively. has contacted Rosengart for further comment but has not received a reply.
Background to the dispute
Wondermind was launched in November 2021 by Gomez, her mother Mandy Teefey and Daniella Pierson. The company’s website describes its mission as providing “doable ways to put your mental fitness first every day.”
The investors’ complaint, which was first reported by Reuters, alleges that the founders presented a distorted picture of the company’s infrastructure, leadership and financial resources. According to the filing, they told the plaintiffs that Gomez would serve as head of marketing, that 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 suite of revenue‑generating projects – including advertising deals, celebrity cover stories and a new app – were already in progress.
The suit further claims that Gomez signed a contract obligating her to deliver on these promises but subsequently ignored it, that the purported partnerships never materialised, and that the advertised app was never built. It says Wondermind “quietly collapsed” and that the founders failed to inform the investors, who only learned of the failure from a September 2025 article in The Cut titled “What Happened at Wondermind?”.
Financial stakes and legal claims
The plaintiffs state they invested US$1.2 million in Wondermind and now accuse the company of securities fraud, common‑law fraud and breach of contract. They also allege that updates provided between 2022 and 2025 were misleading, with the defendants allegedly concealing significant operational and financial difficulties while portraying the business as thriving.
In addition to seeking a rescission of their investment, the investors are pursuing damages, costs and legal fees.