Pakistan, Aug. 14 -- Selena Gomez is facing a lawsuit linked to Wondermind, the mental health company she co-founded with her mother Mandy Teefey and entrepreneur Daniella Pierson.

Two investor entities have filed securities fraud and breach of contract claims against the three co-founders, alleging nearly $1.2 million was invested based on misleading representations.

The investors claim Wondermind's leadership overstated Gomez's expected involvement and made promises about partnerships and projects that allegedly failed to materialise.

The complaint further alleges that investors remained unaware of the company's reported difficulties for years, while media reports later highlighted internal tensions surrounding the startup.

Reports ...