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TechCrunch·3 min read·medium

Investors sue Selena Gomez alleging fraud tied to her mental health startup

A
Aisha Malik
Investors sue Selena Gomez alleging fraud tied to her mental health startup
AI Summary

Selena Gomez and her mother are facing a lawsuit from investors who claim their mental health startup, Wondermind, committed securities fraud. The plaintiffs allege that the company failed to deliver on promised initiatives and misrepresented the startup's financial health and Gomez's level of involvement.

Singer and actress Selena Gomez and her mother are being sued over their mental health startup, Wondermind . The plaintiffs in the lawsuit say they invested nearly $1.2 million in the startup, and are accusing Gomez of securities fraud and breach of contract.

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