Bad Boys 4 is still in development following reports that it had been halted due to Will Smith’s slapping incident at the Oscars.After the actor struck comedian Chris Rock on-stage during the ceremony in March, a report claimed that Sony had paused development on the sequel.Speaking to Deadline, Sony chairman Tom Rothman has since denied the reports, deeming them “inaccurate” and describing the Oscars incident as “unfortunate”.“That movie’s been in development and still is,” Rothman said. “There weren’t any brakes to pump because the car wasn’t moving.“That was a very unfortunate thing that happened, and I don’t think it’s really my place to comment, except to say that I’ve known Will Smith for many years, and I know him to be a good person.