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.
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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.
More from Rolling Stone
Why Is Everyone So Mad About Benny Blanco's Latin Album?
Selena Gomez and Her Mother Accused of Defrauding Investors as Mental Health Startup 'Collapsed'
#investors #teefey #mandy
3 hours ago