News Summary

• Selena Gomez is being sued by investors who say her mental-health startup Wondermind was a hollow promise dressed up as a movement.
• The complaint, filed against the singer and her mother and co-founder Mandy Teefey, alleges securities fraud and breach of contract.
• All of the claims are, for now, unproven.
• The suit lands squarely on the fault line beneath the celebrity-founder gold rush, in which a famous name is stapled to a company and treated as a guarantee of substance.