Former Aquamamma CEO says investors should have read fine print

Emma Gibson, the co-founder and chief executive of wellness start-up Aquamamma, claims investors who lost money in the failed company should have known she had not verified the financial figures she was pitching and read documents more closely before investing.

Six aggrieved investors have alleged Ms Gibson, who resigned as chief executive officer of Aquamamma in early 2022, of fraud in a civil case seeking to recoup investments. Those investors have made the claims against Ms Gibson and her business partner Robert Bates, as well as a number of companies associated with the pair.