Selena Gomez Dismisses ‘Baseless’ Fraud Claims Over Mental Health Startup
Headline from Inc., on the newest of 3 developments
The singer and actor vows to fight a $1.2 million lawsuit by Wondermind investors who claim she ‘falsely represented’ her involvement in the wellness venture. Her lawyer calls the allegations ‘completely meritless.’
Inc.'s own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Developments in this update
3 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.
Selena Gomez and her mental health startup accused of fraud
Headline from KRDO ·
Selena Gomez and mom accused of defrauding investors
Headline from WFLA ·
Newest
Selena Gomez Dismisses ‘Baseless’ Fraud Claims Over Mental Health Startup
A lawsuit filed in federal court Thursday accuses Gomez, her mother and their Wondermind mental health startup co-founder of misrepresenting the financial health of the company to investors as it “collapsed around them.”
A new lawsuit accuses the mental health startup of overstating its leadership, partnerships, and the actress’s involvement. Experts say celebrity founders can draw attention to a business—but should not replace due diligence.
By Ramishah Maruf, CNN New York (CNN) — Several investors in Selena Gomez’s mental health startup Wondermind sued the popstar Thursday, claiming they were misled about the startup’s success and her involvement in it.
The lawsuit alleges Gomez and her business partners "falsely represented that the Company had the infrastructure, leadership, and resources necessary for the Company to launch into a profitable, one-of-its-kind mental health and wellness platform."
Superstar Selena Gomez and her mother are accused of defrauding investors of their mental health startup, Wondermind, in a federal lawsuit filed Thursday.
Selena Gomez and her mother are being accused of defrauding investors with their mental health start-up Wondermind. Gomez, her mother Mandy Teefey and Daniella Pierson are co-founders of the mental health platform that touts itself as promoting "mental fitness.
Selena Gomez and her legal team have released a fiery statement after the “Only Murders in the Building” star was accused of defrauding investors in her mental health startup, Wondermind, in a federal lawsuit filed Thursday.
"We will vigorously defend these false allegations and indeed are filing a motion to dismiss the baseless claims against her," the singer-actress' attorney said in a statement to People.
The singer and actor vows to fight a $1.2 million lawsuit by Wondermind investors who claim she ‘falsely represented’ her involvement in the wellness venture. Her lawyer calls the allegations ‘completely meritless.’
Marlene Lenthang & Joe Kottke, NBC News In a new lawsuit, investors say they gave $1.2 million to Wondermind to build out the company's products and expected Gomez to be involved in marketing.