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Firm to pay $7.3m in MBTA settlement

An Ohio transportation company will pay $7.3 million to settle allegations that it backed out of a 2009 contract to run The Ride paratransit service for the MBTA, the attorney general's office said Friday. First Transit, based in Cincinnati, was accused of violating the Massachusetts Consumer Protection Act when it backed out of the deal, the attorney general's office said. “This settlement will bring millions of dollars back to the Commonwealth's taxpayers [who] deserve the best in public transportation,” Attorney General Martha Coakley said in the statement.