Selena Gomez has damaged her silence two days after she and her mom had been accused of fraud in a lawsuit filed by buyers in her psychological well being firm, Wondermind.
Gomez’s lawyer, Mathew S. Rosengart, instructed The Each day Mail in an announcement: ‘The allegations that Selena Gomez engaged in any method by any means in any purported “fraud” or different wrongdoing are fully meritless, each factually and legally.’
‘We’ll vigorously defend these false allegations and certainly are submitting a movement to dismiss the baseless claims towards her,’ he added. Folks was first to report the information.
The go well with alleges founders ‘falsely’ represented the crumbling group as one poised for fulfillment.
Based by Gomez, 34, her mother Mandy Teefey, 50, and Daniella Pierson in 2021, Wondermind was caught up in controversy final yr following The Minimize’s exposé revealing alleged disarray behind-the-scenes of the corporate.
Now buyers who poured $1.2 million into the group declare they had been left at nighttime concerning the issues occurring within the firm for greater than three years earlier than The Minimize’s expose was revealed.
Selena Gomez, 34, has damaged her silence two days after she and her mom had been accused of fraud in a lawsuit filed by buyers in her psychological well being firm Wondermind; Seen in Might
In an announcement to The Each day Mail, Gomez’s lawyer, Mathew S. Rosengart, referred to as the accusations ‘fully meritless’; Gomez seen along with her mom Mandy Teefey, 50, in 2010
The plaintiffs, Wondermind SRS 44, LLC and Bespoke Wondermind SPV I, LLC, are looking for a jury trial within the lawsuit filed towards Gomez, Teefey, Pierson and Wondermind World Inc. alleging they had been hoodwinked into believing the corporate had the assets vital for fulfillment whereas, unbeknownst to them, it ‘was within the midst of collapse.’
The Each day Mail has contacted representatives for Gomez and Teefey for remark.
In courtroom paperwork obtained by The Each day Mail, the plaintiffs allege: ‘The Defendants falsely represented that the Firm had the infrastructure, management, and assets vital for the Firm to launch right into a worthwhile, one-of-its-kind psychological well being and wellness platform.’
‘Amongst different misrepresentations, the Firm, together with by way of the Particular person Defendants, who straight solicited the Plaintiffs’ investments, instructed the Plaintiffs three issues: that Selena Gomez, some of the well-known ladies on earth with a billion-dollar model and a platform unmatched in social media, can be actively constructing the Firm as its head of promoting; that co-CEO Daniella Pierson was a $200 million govt whose prior companies generated $40 million a yr and who had already secured institutional employer partnerships with JPMorgan and Constancy; and {that a} full slate of income producing initiatives, together with promoting offers, celeb cowl tales, and a groundbreaking app, had been already underway. These representations had been false.’
The declare alleges that Gomez ‘presupposed to signal a contract obligating her to carry out’ solely to disregard it. ‘The partnerships didn’t exist. The initiatives by no means materialized. The app was by no means constructed.’
‘And for 3 years, whereas the Firm quietly collapsed round them, not certainly one of its founders, officers, or administrators stated a phrase to the buyers whose cash was funding the collapse,’ the declare alleges.
Solely ‘after years of concealment’ did buyers study concerning the interior workings of the corporate by way of The Minimize expose.
The corporate was impressed by the founders’ respective psychological well being struggles however was hit by controversy in Might 2025 when it emerged the platform was in monetary disaster and had laid off 60 per cent of its workers.
‘We’ll vigorously defend these false allegations and certainly are submitting a movement to dismiss the baseless claims towards her,’ her lawyer added; Gomez and her mom seen in 2017
The plaintiffs who sank $1.2 million into Gomez’s group allege they had been hoodwinked into believing the corporate had the assets vital for fulfillment whereas, unbeknownst to them, it ‘was within the midst of collapse’; Gomez pictured on the Golden Globes in January
Based by Gomez, her mother and Daniella Pierson in 2021, Wondermind was caught up in controversy final yr following The Minimize’s exposé revealing alleged disarray behind-the-scenes of the corporate; Gomez and Teefey pictured in 2012
In a The Minimize piece, nameless workers accused Wondermind CEO Teefey of erratic conduct, together with ‘hallucinating’ a break-in on the enterprise, sleeping over on the workplace for days and incessantly getting injections of liquid Benadryl, which she allegedly claimed had been vitamin IV drips.
One nameless workers member referred to as Teefey’s workplace her ‘drug den’ – whereas one other claimed they had been in her workplace when she snorted ‘what they imagine was a line of Ritalin,’ an ADHD treatment.
Teefey instructed the publication she did ‘completely not’ snort Ritalin in her workplace, including in an announcement: ‘I began Wondermind as a result of I wished to assist individuals with psychological sickness. It’s unlucky that a number of disgruntled workers with an ax to grind can unfold lies about me and deform the reality.’
The lawsuit lays naked the aftermath of The Minimize’s revelation.
‘The knowledge unearthed on this article proved not solely that the Firm was, and is, in a state of economic calamity; it proved that the Defendants’ representations concerning the Firm’s operations, personnel, and monetary prospects had been a fiction. There was no authentic enterprise within the works, a lot much less a profitable one,’ the lawsuit claims.
Following the publication of The Minimize exposé, the plaintiffs sought a rescission of their investments and a return of their funding funds, sending them a discover of rescission.
Nonetheless, the defendants allegedly proceeded to ‘lull and mislead the Plaintiffs’ – with one alleged electronic mail from Teefey claiming Wondermind was ‘now on monitor to launch merchandise within the first quarter to straight revenue.’
Teefey additionally downplayed ‘the accusations of my misconduct and monetary disarray’ and guaranteed them she would ‘reply in 10 days as requested.’
The go well with claims Teefey ‘by no means substantively responded to the discover’ and continued to alter her story of what turned of the funding funds.
In response to the lawsuit, defendants had been conscious Gomez’s alleged strained relationship along with her mom would make her unable to be ‘intimately concerned’ with the corporate – regardless of buyers being instructed she would work intently with Wondermind
‘On April 8, 2026, when Resnick [Andrew Resnick of Bespoke Wondermind LLC, which invested in Wondermind] requested Teefey whether or not there have been any updates on the Firm, Teefey replied: “Hello Andrew – I assume I’m confused. I believed we returned your funding together with the opposite buyers you got here in with. So, I’m confused about owing you updates. Please advise.” Wondermind had returned nothing, to Resnick or to any of the Plaintiffs.
‘When Resnick responded that he had acquired no funds and requested which buyers had been paid again, Teefey deflected: “That will be a query for Selena’s authorized staff. I’m not positive I’m at liberty to provide that data out, however I’ll contact base with them to allow them to attain out to you. I’ll join you as soon as they reply.” Nobody from Gomez’s authorized staff has ever contacted the Plaintiffs.’
The next day, Resnick acquired an electronic mail from Teefey which referred to an unidentified lawsuit and negotiations.
‘Though Resnick didn’t perceive to what, precisely, Teefey was referring, Teefey wrote: “I simply forwarded this to PJ Shapiro and Thomas Kingsley. Our legal professionals weren’t dealing with however we did reply the lawsuit and I do know negotiations have been taking place. So, please don’t want anymore threats on lawsuits that ought to be in direction of our co founder Daniella since all allegations had been her actions. Thanks in your understanding and belief we have now and can co to make use of [sic] take this severely.’
Gomez’s alleged strained relationship along with her mom was additionally misrepresented to buyers, the go well with claims.
Plaintiffs allege they had been instructed the actress can be ‘intimately concerned’ within the firm, regardless of founders being well-aware their ‘undisclosed private disputes’ would ‘make such involvement impracticable.’
‘Misrepresenting that Gomez can be intimately concerned within the Firm as Wondermind’s Chief Impression Officer and “head of promoting,” when the Defendants knew that the long-running, undisclosed private disputes between Teefey and Gomez would make such involvement impracticable,’ the go well with claims.
The go well with additionally claims the defendants had been conscious Teefey had substance abuse points that made her ‘unfit to handle the corporate.’
‘Misrepresenting Teefey’s health to function an officer and director of the Firm, when the Defendants knew that Teefey had substance abuse points that diminished her capability to manage the Firm, and when the Defendants knew that Teefey was in any other case unfit to handle the Firm,’ the go well with claims.
Moreover, co-founder Pierson’s enterprise expertise and achievements had been stated to have been misrepresented to founders: ‘Misrepresenting Pierson’s enterprise background and accolades, together with Pierson’s claims to the Plaintiffs that The Newsette generated $40 million in yearly income and had a valuation of roughly $200 million, when Pierson knew that these representations had been false.’
The plaintiffs allege they had been unaware of the troubles behind the scenes because of the defendant’s makes an attempt to hide their conduct.
The Wondermind web site presently has quite a few articles providing recommendation on combatting loneliness, rumination, setting boundaries, and interviews with celebrities discussing their psychological well being
They allege they had been instructed the corporate was ‘thriving’ after they weren’t and declare the defendants ‘acted to lull’ plaintiffs and different buyers by ‘misrepresenting’ the reality of their enterprise.
Additionally they level out they weren’t aware of points occurring behind-the-scenes that in any other case would not be came upon by a ‘moderately diligent investor’.
‘Defendants acted to lull the Plaintiffs and different buyers, together with by affirmatively misrepresenting that the Firm was performing nicely and poised for fulfillment, even after they knew that the Firm had vital operational, monetary, and administration points,’ the go well with states.
Now the buyers are looking for a rescission of their Wondermind investments, damages, prices, lawyer’s charges, and different potential aid.
‘The Plaintiffs accordingly convey this Grievance for securities fraud beneath Rule 10b-5 of the Securities Trade Act of 1934, widespread regulation fraud, and breach of contract, amongst different claims.
The Wondermind web site presently has quite a few articles providing recommendation on combatting loneliness, rumination, setting boundaries and interviews with celebrities discussing their psychological well being.
Teefey is listed as co-founder and CEO and Gomez as co-founder (Pierson departed the corporate in 2023). An advisory board that includes psychological well being professionals additionally exists.
The brand new grievance is not the primary lawsuit the corporate has confronted. Earlier this yr, the corporate was sued over $813,027.18 in back-rent by the corporate’s former landlord in New York Metropolis.
