Singer and actor Selena Gomez was sued Thursday by investors who say the “Only Murders in the Building” star committed fraud by failing to fulfill duties to build and promote her mental health startup.
The plaintiffs invested nearly $1.2 million in Wondermind Global, which was launched in 2021 to help users improve their “mental fitness.”
Investors said they put money into the startup believing that Gomez’s involvement would drive growth. Her role as head of marketing was presented as central, and the sheer size of her social media audience—500 million followers—was part of the pitch.
They argue that Gomez and other company leaders did not deliver any of what they had promised, including a mobile app….