After the nominations for the 2018 Academy Awards were announced, many noticed that actor James Franco was snubbed for the Best Actor category.

The actor's performance in the film The Disaster Artist earlier earned him a Golden Globes and Critics Choice Award for Best Actor. During his acceptance speech at the Golden Globes, however, two women tweeted and publicly accused the actor of sexual exploitative behavior.

Since then, Franco hasn't spoken about the allegations against him. However, the actor is reportedly taking the Oscar rebuff better than expected.

Franco's Fine

According to sources close to the actor, The Planet of the Apes  actor is "okay" with losing out on receiving an Oscar nomination.

"James is disappointed in not getting an Oscar nomination, but also very understanding and somewhat relieved. He doesn't want it to look like the snub is correlated with the allegations against him," a source stated.

Though is Franco is bowing out gracefully from the competition, the actor isn't handling the accusations well. Franco's close friends and family members are concerned for him and the actor is trying his best to stay under the radar until the allegations blow over.

"He is really hurt because he didn't know that we would be in a place where giving someone a voice would be giving someone a license to speak without any accountability," another source claimed

Franco's sister-in-law, Alison Brie, defended him during the Screen Actors Guild Awards after she was asked about her thoughts on the matter during a red carpet interview.

"I obviously support my family and not everything that has been reported is fully accurate, so I think we're waiting to get all the information. But of course, now is the time for listening and that's what we're all trying to do," Brie stated

Franco's Accusers 

Franco was first accused by Brat Pack alum Ally Sheedy, who stated on her Twitter account that the actor sexually harassed her multiple times. The actress has since removed the tweet from her page.

Franco was then accused of luring a seventeen year old girl to his hotel room to "hook up" with her.  Following this, the actor was accused of sexual misconduct by Sarah Tither-Kaplan, Violet Paley, and three other anonymous women who stated that Franco would insist on the female students partaking in sex scenes and full nudity.