Hall was found guilty of punching an opponent during the Falcons' 31-15 win over Plymouth Albion in the RFU Championship on November 30.
The 26-year-old prop-forward appeared to react after being blocked by Albion's Aaron Carpenter.
The club held an internal disciplinary earlier this week and handed him a 14-day ban which will see him miss the British and Irish Cup double-header with Newport.
The club said in a statement: "The foul play by James Hall during last week's game against Plymouth was unacceptable.
"James regrets his actions, and has shown a willingness to improve his future conduct."
Gilbert has released a new line of rugby cleats. The Gilbert Virtuo 8S is part of the exciting new product. Check it out.
The entire All Blacks apparel line has been updated for 2013/14. Check out the New Zealand All Blacks polo.
The Nike Tiempo is a solid rugby cleat and one of few styles still made from full-grain natural leather.
The Gilbert Blitz 8S rugby cleat is a great cleat at a great price of $69.99. Get a new pair of cleats today.
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The NEW All Blacks 2013/14 jersey has arrived at World Rugby Shop. Dare to wear the colors of the All Blacks.