Five people who invested in Wondermind in 2022 have sued Selena Gomez, her mother Mandy Teefey, former business partner Daniella Pierson and the company in federal court in Delaware. The plaintiffs, acting through two investment companies, said they invested approximately $1.2 million in the startup’s Series A preferred shares.
In the complaint, the investors argued that their decision to invest was influenced by assurances they received about Wondermind’s leadership, planned products and potential revenue sources. The complaint also alleges that they were misled about Selena Gomez’s role in the startup and the company’s future.
Plans proposed for Wondermind
Founded in 2021, Wondermind is described as a mental wellness platform offering accessible mental health content, podcasts, worksheets and newsletters.
The plaintiffs said Gomez was presented not only as a co-founder but also as the company’s chief impact officer and head of marketing. They alleged that investors were told Gomez would take an active role in developing and promoting the company, including by using her large social media following.
According to the complaint, investors were also told that Wondermind had established or was developing partnerships with major employers such as JPMorgan and Fidelity. The plaintiffs said they were also informed about advertising deals, cover projects featuring celebrities and plans to develop a mobile application.
The investors allege that these partnerships did not actually exist, the planned projects were not carried out and the mobile application was not developed. They argued that the company’s worsening financial and operational problems were also not disclosed to them, saying they learned about much of those problems after a media investigation published in September 2025.
The plaintiffs’ demands and Pierson’s response
The lawsuit includes claims of securities fraud, common-law fraud, breach of contract and other violations. The plaintiffs are seeking rescission of their investments or compensation for their losses, along with interest, legal costs and attorney fees.
Pierson denied the allegations. She said she welcomed the opportunity to present financial records and other documents supporting her position, and also rejected the allegation that she used investors’ money for personal expenses.
The allegations made in the lawsuit have not been proven in court.
