Investors sue Selena Gomez, allege Wondermind app was never built

Investors who put nearly $1.2 million into Wondermind filed a federal lawsuit on August 13, 2026, accusing Selena Gomez, her mother Mandy Teefey, and a co-founder of securities fraud and breach of contract. The complaint alleges the mental health startup's app was never built, promised partnerships did not exist, and initiatives never materialized. Plaintiffs say they learned of the troubles from a September 2025 media report, not the company.