At a Glance
Investors put nearly $1.2 million into Wondermind Global.
They say Selena Gomez failed to fulfill promised marketing and leadership duties.
The company launched in 2021 to promote “mental fitness.”
Investors are seeking their money back plus legal fees.
A Delaware lawsuit puts fresh scrutiny on Gomez’s role in the troubled startup and the promises made to investors.
Selena Gomez has been sued by investors who accuse her of fraud over her involvement with mental-health startup Wondermind Global. The investors claim Gomez and other company leaders failed to deliver on commitments that helped attract their money.
Key Details
The lawsuit, filed Thursday in federal court in Delaware, says investors put nearly $1.2 million into Wondermind, which Gomez launched in 2021 to help people build their “mental fitness.”
The plaintiffs say they were told Gomez, who has more than 500 million social media followers, would take an active role as the company’s head of marketing. They allege promised projects, including a mobile app, never materialized.
The lawsuit also claims Wondermind struggled to meet basic business obligations, including paying employees and vendors on time.
Investors say they only learned about the company’s financial troubles after an online news report in September 2025.
Why It Matters
The case highlights the risks investors can face when celebrity-backed startups rely heavily on public profiles and promises of active involvement.
Investors are seeking to recover their investments and legal fees. The case will now put Gomez’s alleged commitments and Wondermind’s business history under closer examination.
Every headline is an opportunity — don't watch it from the sidelines. Trade it live on TradeQuo.
Source: Reuters
Time: 9:30 AM EEST
