After failing to get a seat on the board of Haggar Corp, Thomas Kahn, president of the New York investment adviser firm Kahn Brothers & Co Inc which holds a 12.4 per cent stake in the men's clothing maker, may propose alternative directors at the next shareholders meeting.

According to a Reuters report, Kahn had been in talks with an unidentified executive and two directors at Dallas-based Haggar about a board position but was told on August 9 that his request had been "deferred."