Entertainment
Selena Gomez moves to dismiss fraud claims in Wondermind investor lawsuit
Attorneys for the co-founder argue she had no role in fundraising or management for the mental health startup.
The short version
- Selena Gomez's legal team filed a motion to dismiss her from a lawsuit brought by five investors in the mental health startup Wondermind.
- The investors allege they were misled into providing $1.2 million based on misrepresentations regarding Wondermind's finances, structure, and Gomez's involvement.
- Gomez's lawyers state she had no role in fundraising or management, calling the fraud allegations legally deficient and raising the possibility of seeking sanctions against the plaintiffs.
Key facts
- Selena Gomez's attorneys filed a motion to dismiss her from an investor lawsuit against Wondermind.[Billboard]
- Five investors—Brent Saunders, Marc Roberts, EJ Solimine, Andrew Resnick, and Mark Peikin—claim they were tricked into investing $1.2 million in Wondermind.[Billboard]
- The lawsuit alleges that Mandy Teefey and Daniella Pierson misrepresented Wondermind's finances and falsely promised heavy involvement from Gomez as head of marketing.[Billboard]
- Gomez's attorney, Mathew Rosengart, argued that Gomez was not involved in management or fundraising and is considering seeking sanctions against the plaintiffs.[Billboard]
- Wondermind was established in 2021 to develop mental health media projects including a digital magazine, mobile app, and podcast.[Billboard]