India, Aug. 14 -- Selena Gomez's mental health startup Wondermind is facing a federal lawsuit, with investors accusing the company and its founders of allegedly misrepresenting its business prospects, leadership and plans. The complaint, filed in Delaware, names Gomez, her mother Mandy Teefey and entrepreneur Daniella Pierson.

The investors are seeking to rescind nearly $1.2 million in investments and are also seeking damages. But what exactly happened to Wondermind, and why has Selena Gomez been named in the lawsuit? Here's what the complaint alleges.

Why Is Selena Gomez's Wondermind Facing A Lawsuit?

Wondermind was launched in 2021 by Selena Gomez, Mandy Teefey and Daniella Pierson as a mental fitness company. The startup aimed to ma...