{"id":44273,"date":"2026-08-14T12:05:00","date_gmt":"2026-08-14T07:05:00","guid":{"rendered":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/?p=44273"},"modified":"2026-08-14T12:05:00","modified_gmt":"2026-08-14T07:05:00","slug":"selena-gomez-and-her-mother-accused-of-defrauding-investors","status":"publish","type":"post","link":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/?p=44273","title":{"rendered":"Selena Gomez and Her Mother Accused of Defrauding Investors"},"content":{"rendered":"<p><script>\r\n  atOptions = {\r\n    'key' : '644b717812d811d6a1c1fc5b6ccd6fa6',\r\n    'format' : 'iframe',\r\n    'height' : 90,\r\n    'width' : 728,\r\n    'params' : {}\r\n  };\r\n<\/script>\r\n<script src=\"https:\/\/www.highperformanceformat.com\/644b717812d811d6a1c1fc5b6ccd6fa6\/invoke.js\"><\/script>\r\n<br \/>\n<\/p>\n<div>\n<p class=\"paragraph larva \/\/ lrv-u-line-height-copy  lrv-a-font-body-l   \">\n\tIn 2021, <a href=\"https:\/\/www.rollingstone.com\/t\/selena-gomez\/\" id=\"auto-tag_selena-gomez\" data-tag=\"selena-gomez\">Selena Gomez<\/a>, her mother Mandy Teefey, and <em>The Newsette<\/em> founder, Daniella Pierson, launched Wondermind with the goal of making costly mental health tools more accessible.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-line-height-copy  lrv-a-font-body-l   \">\n\tThe media platform\u2019s website, which has a sign-up for its newsletter, describes its origins: \u201cOne day, we were all talking about it and realized there was no easy, inclusive space where people could come together to explore, discuss, and navigate their feelings. So we thought, why not make it happen? And Wondermind was born.\u201d<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-line-height-copy  lrv-a-font-body-l   \">\n\tNow, five years after it began, Wondermind and its founders are being sued by investors who claim they pumped nearly nearly $1.2 million into Wondermind Global Inc. and were fed false promises about the company\u2019s infrastructure, leadership, and resources. <\/p>\n<p class=\"paragraph larva \/\/ lrv-u-line-height-copy  lrv-a-font-body-l   \">\n\tAccording to a new lawsuit filed on Wednesday, investors were led to believe that a groundbreaking Wondermind app would be made, advertising deals would be struck, and celebrity cover stories were already underway. Instead, the complaint alleges, \u201cfor three years, while the Company quietly collapsed around them, not one of its founders, officers, or directors said a word to the investors whose money was funding the collapse.\u201d<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-line-height-copy  lrv-a-font-body-l   \">\n\tThe trio and Wondermind are being sued for securities fraud, common law fraud, and breach of contract. The plaintiffs are seeking rescission of their investments in Wondermind, along with damages and costs.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-line-height-copy  lrv-a-font-body-l   \">\n\tThe lawsuit also claims that investors were not aware of the full facts behind their alleged claims until <em><a rel=\"noreferrer noopener nofollow\" target=\"_blank\" href=\"https:\/\/www.thecut.com\/article\/selena-gomez-wondermind-mental-health-start-up-mandy-teefey.html\">The Cut<\/a><\/em> published an article into the startup\u2019s operations last year, which reported relationship tensions between Gomez and her mother, as well as a power struggle between Teefy and Pierson. The report revealed the \u201cutter disarray\u201d of the company to the plaintiffs including Teefy\u2019s alleged \u201csubstance abuse disorder and her gross mismanagement\u201d of the company; Gomez\u2019s \u201cabject dereliction of her duties\u201d and \u201cher active efforts to distance herself from it\u201d; and the startup\u2019s failure to fulfill basic obligations such as \u201cpaying its employees and vendors\u201d on time.<\/p>\n<section class=\"brands-most-popular \/\/ recirculation-modules trending-in-article lrv-u-margin-tb-2 lrv-u-border-a-2 u-box-shadow-5-5 lrv-u-padding-lr-1 a-span1 u-padding-b-1@tablet u-overflow-hidden\">\n<h2 id=\"section-heading\" class=\"c-heading larva  lrv-u-text-align-center u-border-color-black a-font-theme-primary-xxs lrv-u-color-black lrv-u-text-transform-uppercase u-letter-spacing-0063 lrv-u-padding-t-050 u-padding-b-0375@tablet lrv-u-padding-b-050@mobile-max lrv-u-border-b-2\">\n<p>\t\tTrending Stories<\/p>\n<\/h2>\n<\/section>\n<p class=\"paragraph larva \/\/ lrv-u-line-height-copy  lrv-a-font-body-l   \">\n\tPierson \u2014  who was ousted from Wondermind in 2023 \u2014 is the sole defendant in another securities fraud claim, which alleges she made misstatements to investors to encourage their purchases of stock, and is also accused of conversion and unjust enrichment. The suit cites an August 2025 article by <em><a rel=\"noreferrer noopener nofollow\" target=\"_blank\" href=\"https:\/\/www.forbes.com\/sites\/monicahunter-hart\/2025\/08\/07\/smoke-and-mirrors-how-this-entrepreneur-exaggerated-and-self-promoted-her-way-into-turmoil\/\">Forbes<\/a><\/em> that alleged Pierson inflated the readership and valuation of her lifestyle newsletter during business pitches. Pierson is also accused of misappropriating investment funds for her \u201cown personal purposes\u201d and having \u201cimpoverished the Plaintiffs, without justification.\u201d<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-line-height-copy  lrv-a-font-body-l   \">\n\tRepresentatives for Wondermind, Gomez, Teefey, and Pierson did not immediately respond to requests for comment.<\/p>\n<\/div>\n<script async=\"async\" data-cfasync=\"false\" src=\"https:\/\/pl30214220.effectivecpmnetwork.com\/9ab3d4df8a7e1a6171e16ddbf732cc19\/invoke.js\"><\/script>\r\n<div id=\"container-9ab3d4df8a7e1a6171e16ddbf732cc19\"><\/div>\r\n\n","protected":false},"excerpt":{"rendered":"<p>In 2021, Selena Gomez, her mother Mandy Teefey, and The Newsette founder, Daniella Pierson, launched Wondermind with the goal of making costly mental health tools more accessible. The media platform\u2019s website, which has a sign-up for its newsletter, describes its origins: \u201cOne day, we were all talking about it and realized there was no easy,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":44274,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.rollingstone.com\/wp-content\/uploads\/2026\/08\/selena-gomez-mom-lawsuit.jpg?w=1600&h=900&crop=1","fifu_image_alt":"","footnotes":""},"categories":[20],"tags":[],"class_list":["post-44273","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-celebrity-gossip"],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts\/44273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44273"}],"version-history":[{"count":0,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts\/44273\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/media\/44274"}],"wp:attachment":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}