Selena Gomez and Mom Sued for Investor Fraud

Wondermind SRS 44 LLC and Bespoke Wondermind LLC sued Wondermind Global, Gomez, Teefey, and Pierson in Delaware federal court Thursday. The suit alleges the defendants made false representations to secure $1.2 million in investments in September 2022.

• $1.2 million invested by the two plaintiff companies in September 2022
• Promised partnerships, advertising deals, and an app never materialized, the suit claims
• Investors say they learned of the company's collapse from a September 2025 Cut article
• Forbes had previously reported Pierson exaggerated her newsletter's readership and valuation

Why it matters: The suit names securities fraud and breach of contract, with investors alleging they were deliberately misled for three years while their money funded a failing company.

• Gomez was accused of failing her contractual role as head of marketing, including use of her social media reach and TV appearances
• The complaint also cites an alleged personal rift between Gomez and Teefey as a factor that made their joint leadership unworkable

How 11 sources split on this story

Where they split: Coverage does not split on facts; all outlets rely on the same court documents, with no outlets independently confirming or disputing the defendants' denial.

What’s next: The plaintiffs are demanding a jury trial and seeking damages, costs, and attorney's fees

• Representatives for Gomez and Wondermind had not responded to requests for comment as of publication
• Whether any investors received repayment, as Teefey suggested in a message cited in the suit, has not been independently verified
• The extent of Gomez's personal involvement — or deliberate absence — in Wondermind's operations remains contested and unresolved in court
• Whether Pierson will separately contest the claims against her has not been reported