Courts
The singer, her mother Mandy Teefey, and their former business partner were sued by investors who claim they were misled by Gomez’s involvement
Selena Gomez is denying accusations that she defrauded investors in Wondermind, which she co-founded with her mother Mandy Teefey and their former business partner Daniella Pierson.
Earlier this week, investors filed a suit against the company and its founders, claiming they had invested nearly $1.2 million into Wondermind Global Inc. and were misled about the organization’s infrastructure, leadership, and resources. Gomez, Teefey, and Pierson, along with Wondermind, are being sued over counts of alleged securities fraud, common law fraud, breach of contract, and more.
In a statement provided to Rolling Stone on Saturday from Gomez’s attorney, Mathew S. Rosengart, Gomez denies the allegations. “The allegations that Selena Gomez engaged in any way whatsoever in any purported ‘fraud’ or other wrongdoing are completely meritless, both factually and legally,” Rosengart said. “We will vigorously defend these false allegations and indeed are filing a motion to dismiss the baseless claims against her.” The statement was first reported by People.
