Why is Selena Gomez being sued by investors in her mental health company?
Selena Gomez is being sued by five investors in her mental health company, Wondermind Global.
The Hollywood actress and pop star founded the company with her mother five years ago, but now investors are claiming her 'abject dereliction of duties' has left the company in a 'state of financial difficulty'.
The lawsuit will try to recover $1.2m (£890,00) it claims it was invested as well as costs and damages.
The BBC has contacted Wondermind and Gomez's representatives for comment.
Related Stories
Stocks & Markets
Why is the Trump administration causing turmoil in the bond markets? | Richard Partington
21 hours ago
Stocks & Markets
Anxiety over war, wildfires and cyber
2 days ago
Stocks & Markets
South Korea’s rookie investors lose small fortunes amid AI stocks frenzy
2 days ago
Stocks & Markets
Trade suspended with Iran
3 days ago
Stocks & Markets
China’s Unitree soars in market debut as investors bet on humanoid robots
3 days ago
Stocks & Markets
Inside the fraud scandal that’s rocked the $15 billion trading card industry
3 days ago
Stocks & Markets
Wrap Technologies (NASDAQ: WRAP) Closes $12M Registered Direct Offering
3 days ago
Stocks & Markets
Retail investors aren't entirely giving up on AI trade, but they appear more cautious
3 days ago