Selena Gomez Moves to Dismiss Wondermind Investor Fraud Lawsuit, Calling Claims 'Frivolous'

Selena Gomez filed a motion on 26 August 2026 to dismiss herself from a lawsuit brought by five investors in Wondermind, the mental health-focused media company co-founded by her mother, Mandy Teefey. The investors — Brent Saunders, Marc Roberts, EJ Solimine, Andrew Resnick and Mark Peikin — allege they were duped into putting $1.2 million into the business. Billboard

Gomez's legal team is led by Mathew Rosengart, the attorney who helped Britney Spears end her court-ordered conservatorship in 2021. In the motion, Rosengart called the suggestion that Gomez engaged in fraud "absurd," arguing that she held no role in Wondermind's fundraising or day-to-day management and therefore could not have participated in any alleged deception.

The lawsuit, first reported in mid-August, centres on claims that Teefey and former co-CEO Daniella Pierson misrepresented Wondermind's corporate structure and financial health to the investors. One key allegation is that Teefey and Pierson told backers Gomez would serve as the company's head of marketing, when, according to the complaint, Gomez was actually working to "actively distance" herself from the venture. The suit also alleges that because Gomez had access to Wondermind's financial figures, she must have known investors were being misled. Gomez's lawyers dismissed that logic as faulty. Billboard

Wondermind launched in 2021 as a mental fitness brand, with plans for a digital magazine, a podcast and a mobile app. According to the investors' complaint, several of those projects — including the app — never materialised, and the company allegedly failed to meet basic obligations such as paying employees and vendors on time. The BBC reported the lawsuit's claims that Wondermind failed to meet even its most basic operational duties. BBC Forbes separately noted that the suit alleges the defendants continued to misrepresent the company's status even as its plans fell through. Forbes

Adding to the company's troubles, The Cut published a report describing Wondermind's finances as dire, attributing the situation in part to alleged substance abuse issues and erratic behaviour by Teefey. Teefey has denied allegations of mismanagement and said the company remained viable.

Rosengart said the motion to dismiss demonstrates that the claims against Gomez are "completely meritless, if not frivolous." He added that the legal team is exploring "other avenues of relief," including potential sanctions against the plaintiffs for improperly naming Gomez in the suit. The investors' attorneys did not immediately return a request for comment.

For Gomez, the motion is a bid to separate her name and celebrity from a business dispute she says she had no hand in running. For the investors, the $1.2 million at stake represents a bet on a startup whose promised products, they say, never arrived. The case now rests on whether a court agrees that Gomez's connection to Wondermind — as a co-founder's daughter and a household name — is enough to keep her in the lawsuit, or whether the motion succeeds in cutting her free.