Selena Gomez has been sued by investors who claim the singer and actor committed fraud in connection with her mental health startup. The lawsuit, filed on Thursday, alleges that Gomez failed to fulfill her duties to build and promote the company. The investors say they put nearly $1.2 million into the venture. The lawsuit accuses Gomez of not following through on her obligations, which the plaintiffs say amounts to fraud. The exact nature of the alleged failure is not detailed in the reports. Gomez has not yet publicly responded to the lawsuit. The case highlights the risks investors take when backing celebrity-founded startups.