We recently learned Universal is moving ahead with the development of "Little Fockers."

According to Variety, one of the hottest contestants to direct the film is Peter Segal, whose credits include "Get Smart," "The Longest Yard" and "50 First Dates."

Universal has hired John Hamburg to write the screenplay. Jay Roach, who helmed the first two films, will not return to direct because he's currently focusing on "Dinner for Schmucks" instead.

Nothing is known about the plot at this stage, but what we do know is that Ben Stiller, Robert De Niro and Owen Wilson are expected to star in the film.

Segal is also expected to direct "Get Smart 2" in the near future. He also helmed "Anger Management" and "Naked Gun 33 1/3: The Final Insult."