Labadie, who scored the winning goal for the Gulls against Rochdale on Tuesday night, was involved in an alleged biting incident involving Chesterfield's Ollie Banks in their League Two meeting last month.
Following an Independent Regulatory Commission hearing, the violent conduct charge was found proven and Torquay confirmed they will consider their options before deciding whether to appeal the decision.
A club statement said: "Torquay United can confirm we have received notification of the verdict from the FA on Joss Labadie's misconduct charge
The Club will now consider our options before deciding whether to appeal."
A statement published on www.thefa.com confirming the verdict read: "Torquay United's Joss Labadie has been given a ten-match suspension and a ?2,000 fine, subject to any appeal, after an FA charge of violent conduct against him was found proven
"Labadie, who requested a non-personal hearing, denied an alleged breach of Rule E3 in that his behaviour in or around the 49th minute of the game against Chesterfield on 15 February amounted to violent conduct.
"Following an Independent Regulatory Commission hearing, the charge was found proven.
"The player's suspension and ?2,000 fine is stayed until such time as the Written Reasons have been received by both parties and, following this, Labadie confirms that he does not wish to appeal, or the period to appeal expires, or the outcome of any appeal is known."
Source : PA