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Selena Gomez and Mom Mandy Teefey Accused of Misleading Investors in Collapsed Mental Health Venture, Wondermind

Published August 13, 2026 at 1:05 PM ETUpdated August 13, 2026 at 1:14 PM ET2 views
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Selena Gomez and Mom Mandy Teefey Accused of Misleading Investors in Collapsed Mental Health Venture, Wondermind

In a stunning turn of events, pop sensation Selena Gomez and her mother, Mandy Teefey, are facing accusations of misleading investors in their mental health platform, Wondermind. Two companies - Wondermind SRS 44 LLC and Bespoke Wondermind LLC - have filed a lawsuit against Wondermind Global, Gomez, Teefey, and their former business partner, Daniella Pierson, alleging that the defendants misrepresented the company's financial stability and operations.

The suit, obtained by Page Six, claims that the investors poured $1.2 million into Wondermind in September 2022, believing it to be a promising mental health and wellness platform. However, according to the complaint, the defendants claimed the company had the necessary infrastructure, leadership, and resources for success - a claim which the plaintiffs allege was false.

The lawsuit further accuses Gomez of failing to fulfill her contractual obligations as head of marketing for Wondermind, citing that the partnerships promised through her massive social media following, advertising deals, and TV appearances did not materialize. The suit states that Wondermind "quietly collapsed" three years ago, a fact that the defendants allegedly kept hidden from investors until an exposé by The Cut in September 2025 revealed the company's financial and operational chaos.

The article also shed light on Teefey's alleged substance abuse issues, claiming to have witnessed her snorting a suspected line of Ritalin in her office and receiving intravenous vitamins and liquid Benadryl from nurses at work. Teefey denied these allegations in a statement to TMZ, calling them lies spread by disgruntled employees. The lawsuit also alleges that when investors confronted Teefey about Wondermind's struggles, she attempted to shift blame onto Pierson, who was ousted from the company following an internal dispute with Teefey in January 2023.

Furthermore, Teefey is accused of deflecting questions regarding the state of the company from Bespoke member Andrew Resnick on April 8. In a bizarre turn of events, Teefey reportedly attempted to assure Resnick that he had been paid back along with other investors, despite him claiming otherwise. When questioned about which investors had received their funds, Teefey allegedly referred the matter to Gomez's legal team, further fueling suspicions of financial mismanagement and fraud.

The lawsuit also brings attention to the troubled relationship between Gomez and Teefey, claiming that the mother-daughter duo knew their personal disputes made joint involvement in Wondermind "impracticable." The investors allege that Gomez deliberately distanced herself from the company due to these issues. In addition, the lawsuit alleges that Wondermind exploited the names of A-list celebrities such as Camila Cabello, Tim Cook, Elton John, Drake, and Megan Thee Stallion in its pitch materials to create an illusion of success and momentum.

However, according to the complaint, these celebrity collaborations never materialized. The investors are seeking damages, costs, and attorney's fees, along with a return of their investments in Wondermind due to securities fraud. Page Six has reached out to representatives for Gomez and Wondermind for comment. Wondermind, co-founded by Gomez, Teefey, and Pierson in 2022, was reportedly facing financial difficulties in May 2025, laying off 60% of its staff and allegedly owing tens of thousands of dollars to freelancers and vendors.

A spokesperson for Wondermind claimed at the time that the company had "rectified" its financial situation and was working through growing pains.

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