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Lugano Vows to Remain ‘Long-term Success’ - Orange County Business Journal

Summary by ocbj.com
Lugano Diamonds & Jewelry Inc., which has accused its founder and former chief executive of fraud, is vowing to remain a viable business, has laid off 25% of its work force and disclosed it’s in talks with potential buyers. “We are fully focused and committed to steering Lugano through this difficult time and are actively working to ensure the company’s long-term success,” Interim Chief Executive Josh Gaynor told the Business Journal in an exclu…
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ocbj.com broke the news in on Saturday, June 28, 2025.
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