Selena Gomez's Lawyer Calls Wondermind Fraud Lawsuit 'Meritless' as Investors Seek $1.2 Million Repayment
Selena Gomez's attorney has dismissed as "meritless" a federal lawsuit accusing the singer and her mental health startup, Wondermind, of defrauding five investors out of $1.2 million, and is filing a motion to dismiss the claims.
Lawyer Mathew S. Rosengart issued the statement — first published by People and independently verified by Billboard — on Friday, 15 August, two days after the suit was filed in federal court on Thursday, 13 August 2026 (Billboard).
The lawsuit names Gomez, her mother Mandy Teefey, and Wondermind itself as defendants. It was brought on behalf of five investors: Brent Saunders, Marc Roberts, EJ Solimine, Andrew Resnick and Mark Peikin. The plaintiffs are seeking the return of the $1.2 million they put into the company, along with additional financial damages (Billboard).
Wondermind was co-founded in 2021 by Gomez, Teefey and former executive Danielle Pierson as a mental health-focused media and lifestyle brand. According to the complaint, the five investors were persuaded to invest in 2022 after being told Gomez would serve actively as the company's head of marketing, leveraging her fanbase and social media following to drive growth (Billboard).
The plaintiffs also allege that Pierson told them Wondermind had a "potential future valuation" exceeding $4 billion and that she had generated $40 million a year at her previous media company, The Newsette (Billboard).
The lawsuit contends that the venture "quietly collapsed" after investors committed more than $1 million, and that the company failed to meet "even its most basic obligations, such as timely paying its employees and vendors" (The New York Times; BBC).
The investors say they were unaware of Wondermind's troubles until an online news story detailed them in September 2025. The article, an exposé published by The Cut, prompted the plaintiffs to investigate and ultimately file suit (Reuters).
Rosengart, a high-profile entertainment litigator, called the claims baseless and said he would take legal action to have them thrown out. The allegations have not been tested in court, and no findings of fraud have been made.
None of the defendants beyond Gomez have publicly responded to the lawsuit through their own statements as of the date of reporting.
