TechCrunch Desktop Logo TechCrunch Mobile Logo LatestStartupsVentureAppleSecurityAIAppsDisrupt 2026 EventsPodcastsNewsletters SearchSubmit Site Search Toggle Mega Menu Toggle Topics Latest AI Amazon Apps Biotech & Health Climate Cloud Computing Commerce Crypto Enterprise EVs Fintech Fundraising Gadgets Gaming Google Government & Policy Hardware Instagram Layoffs Media & Entertainment Meta Microsoft Privacy Robotics Security Social Space Startups TikTok Transportation Venture More from TechCrunch Staff Events Startup Battlefield StrictlyVC Newsletters Podcasts Videos Partner Content TechCrunch Brand Studio Contact Us In Brief Posted: 3:12 PM PDT · August 13, 2026 Image Credits:MICHAEL TRAN/AFP / Getty Images Aisha Malik Investors sue Selena Gomez alleging fraud tied to her mental health startup 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. They allege that the startup failed to deliver on its commitments without informing investors, and Gomez failed to market the startup after promising to do so. The news was first reported by Forbes. Wondermind launched in 2021 and aimed to offer daily mental health resources to users. The lawsuit alleges that investors were unaware of the company’s troubles until a September 2025 story from The Cut uncovered them. “Gomez purported to sign a contract obligating her to perform and then ignored it,” the complaint reads. “The partnerships did not exist. The initiatives never materialized. The app was never built. And for 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.” The investors allege that Gomez and Wondermind misrepresented the company’s finances and overstated the extent of Gomez’s involvement. The plaintiffs are seeking to recover their investments and legal fees. Wondermind did not respond to our request for comment. Topics Startups October 13 – 15 San Francisco Scale faster. Grow your portfolio. Gain practical expertise. No matter your goal, Disrupt can empower you.Save up to $300 today! REGISTER NOW Newsletters See More Subscribe for the industry’s biggest tech news TechCrunch Daily News Every weekday and Sunday, you can get the best of TechCrunch’s coverage. TechCrunch Mobility TechCrunch Mobility is your destination for transportation news and insight. Startups Weekly Startups are the core of TechCrunch, so get our best coverage delivered weekly. StrictlyVC Provides movers and shakers with the info they need to start their day. No newsletters selected. Subscribe By submitting your email, you agree to our Terms and Privacy Notice. { "title": "Newsletters", "description": "Subscribe for the industry’s biggest tech news", "showBtn": "1", "newsletters": [,,,], "currentUserEmail": "", "urls": } Related Security Flock says its new tool will help identify police abuse, but hasn’t explained how it works Lorenzo Franceschi-Bicchierai 42 minutes ago Security If Apple sends you a push notification alerting you to a spyware attack, take it seriously Zack Whittaker 54 minutes ago AI Writer introduces new AI model and upgraded harness to contain token costs Russell Brandom 2 hours ago Latest in Startups In Brief Investors sue Selena Gomez alleging fraud tied to her mental health startup Aisha Malik 32 minutes ago Startups Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation. Julie Bort 2 hours ago Startups The VC backing the American dream Maggie Nye Isabelle Johannessen 3 hours ago X LinkedIn Facebook Instagram youTube Mastodon Threads Bluesky TechCrunchStaffContact UsAdvertiseSite Map Terms of ServicePrivacy PolicyRSS Terms of UseCode of Conduct Made by GooglePhiaBlacksmithPixel TagDisrupt 2026Tech LayoffsChatGPT © 2026 TechCrunch Media LLC.
