CA, US & World
Selena Gomez’s Wondermind Mental Health Startup Accused of Fraud by Investors
Several investors in Selena Gomez’s mental health startup Wondermind have filed a lawsuit accusing the company and its founders of misleading them about the startup’s financial health and business prospects.
Wondermind launched in 2021, with Gomez listed as a co-founder, chief impact officer and head of marketing. The platform was created to provide users with resources and information focused on mental fitness.
According to the lawsuit, five investors put $1.2 million into the company in 2022 after being told Wondermind had a valuation of $95 million and was pursuing partnerships and other major business opportunities.
The investors allege those opportunities never materialized. The lawsuit claims potential corporate partnerships, advertising deals, celebrity cover stories and a planned app failed to come to fruition.
The investors are also suing Gomez’s mother, Mandy Teefey, who was a co-chief executive officer, and former business partner Daniella Pierson. The lawsuit includes allegations of securities fraud, common law fraud and breach of contract. The plaintiffs are seeking to recover their investments, along with damages and attorney’s fees.
The lawsuit also references reporting by The Cut about internal conflicts at Wondermind. Pierson left the company in 2023.
Pierson has denied the allegations, saying she welcomes the opportunity to provide financial records and documentation to establish the facts. She also denied using investor funds for personal expenses.
Gomez, Teefey and Wondermind did not immediately respond to requests for comment.
The allegations in the lawsuit have not been proven in court.
Explore: NBCPalmSprings.com, where we are connecting the Valley.
By: NBC Palm Springs
August 13, 2026
Latest Instagram Posts
Who makes the NBC Top 3, winner will be announced Sunday night on NBC Palm Springs, with the player who makes the number one spot winning a $250 prize from @hondaofthedesert! Comment below if it will be 1) Cael Woody with the dot under pressure, 2) Tatum Webster with the pass breakup, 3) Ivan Garza with the rushing TD, 4) Sean Meza with the toe tap, or 5) Jesus. Valenzuela with the strong hands #fypage #fridaynightlights #top3 #hondaofthedesert
Me On A Plate is back! We head over to @tacquila_ps to talk to chef David Arreguin about his love of spice, being the seventh of nine children, and his drive to always follow his passion. Check it out now on our website nbcpalmsprings.com
Nearly a year after wildfires tore through Mountain Center, the scars are still visible along the Palms to Pines Highway. Now, fire crews are working to repair those burn areas and reduce the risk of flooding, erosion and mudslides when heavy rain arrives. The work includes fire-line suppression repairs, water bars and other measures designed to slow rainwater and keep burned soil from washing away. CAL FIRE Riverside County Battalion Chief Ryan Lubin says the steep terrain, dry brush and limited access continue to create challenges for mountain communities. With El Niño conditions expected to bring periods of heavy rain, officials say preparing now could help protect homes and communities from the aftermath of wildfire. The message from firefighters: preparation can save lives. Read the full story at NBCPalmSprings.com. #MountainCenter #Highway74 #PalmsToPines #CALFIRE #Wildfire WildfireRecovery FireSafety CoachellaValley SanJacintoMountains
Gas prices in Riverside County are climbing toward $6 a gallon — and that’s more than $1 higher than this time last year. A 15-gallon fill-up now costs about $86, leaving many drivers wondering how much longer they can absorb the rising cost. On this week’s Roggin Report, Fred Roggin and the panel debate how expensive gas is changing the way people travel, work and live — and why prices are so much higher here. Watch the full conversation at NBCPalmSprings.com. #RogginReport #FredRoggin #GasPrices #RiversideCounty #CoachellaValley
As the Lindsay Clancy trial begins to close, discussions regarding postpartum mental health and postpartum care have began to draw attention to the level of care needed after childbirth. Maria Noble Valdez looked at this discussion locally with a mental health expert and mom here in Coachella Valley. #lindsayclancytrial #pospartum #mentalhealth #760 #nationalnews
EVEN PARKING HAS A VIP SECTION? A mall in Bakersfield is charging shoppers up to $10 a day for preferred parking spots closer to the entrance. So we had to ask: Would you pay for a better parking spot? And could paid parking eventually come to Valley malls? Fred Roggin and the panel weigh in on this week’s Roggin Report. Would you pay $10 for a prime parking spot? #RogginReport #FredRoggin #CoachellaValley #PalmSprings #Parking
📞 Call 760.466.0800 or visit DAPHealth.org to schedule your appointment today! Flu viruses change every year, and getting vaccinated is the best way to strengthen your immune system, lower the risk of severe illness or hospitalization, and protect your loved ones. Sponsored by: DAP Health
A wedding day they’ll never forget. 💍🌊 A couple in the Philippines refused to let monsoon flooding wash away their special day — exchanging vows while standing waist-deep in floodwaters. Talk about making a splash on your wedding day! #WeddingDay #Philippines #Flooding #Monsoon #Wedding #Love #NBCPalmSprings
Idyllwild’s Mayor Max III is turning four! Yes, you read that right — Idyllwild has a canine mayor, and Mayor Maximus Mighty-Dog Mueller III is celebrating his fourth birthday this week. Max is part of a tradition that began in 2012, when the mountain community first elected a dog as mayor. His “campaign donations”? Belly rubs and dog treats. Mayor Max’s birthday celebration is happening Saturday, September 5, at Mountain Paws in Idyllwild, and the community is invited. Come celebrate the mayor — and maybe bring a treat. #NBCPalmSprings #Idyllwild #MayorMax #MayorMaxIII #PalmSprings CoachellaValley DogsOfInstagram DogMayor CaliforniaNews
☕️ Social Time with Thalia & Jerry